DUBAI, UAE – Like many historically male-dominated sectors, ladies have lengthy been perceived as unsuited to managing funds and investing. Tides, nevertheless, are turning. In recent times, courtesy of developments in monetary expertise and improved accessibility to funding instruments and assets, extra ladies than ever are buying and selling and investing.
Saxo Financial institution, the main fintech specialist targeted on multi-asset buying and selling and funding, has recorded a rise of 18 p.c within the share of females amongst its new buying and selling purchasers within the UAE since 2017. The expansion of feminine traders within the area is irrefutable.
“On the event of the seventh Emirati Girls’s Day, we’re happy to play our half on this journey by encouraging and enabling feminine traders to take their first steps,” stated Tara Tyan, regional head of selling – MENA at Saxo Financial institution. “Up to now 5 years, now we have witnessed ladies more and more turning into financially impartial, whereas additionally enjoying a vital function in making monetary choices – a job and accountability historically linked to the boys of the household.
“Nonetheless, we nonetheless have a protracted strategy to go and so are encouraging extra ladies to free themselves, to believe in themselves, and to start out investing now.”
Saxo Financial institution shared some recommendations for girls involved in investing for the primary time:
- Training is Key: As at all times, the primary and finest method to enhance at something is to realize and enhance data. Monetary literacy and consciousness assist first-time traders improve their private funds.
- Assess Funds: Every little thing is relative. Assess your present monetary state of affairs to assist plan a safer future. It’ll additionally assist decide related dangers and spotlight potential areas to extend financial savings.
- Analysis Earlier than Investing: Analysis, analysis, after which analysis once more. Discover all attainable investing choices: bonds, ETFs, foreign exchange, commodities, crypto, and extra. Saxo has intensive analysis obtainable, however you need to increase your insights throughout a wide range of informative sources.
- Be Assured: Lastly, be assured along with your choice and by no means permit worry – or fearmongers – hold you away from investing. If you happen to adopted the primary three steps, you’re well-placed to prosper.
We consider there’s an immense alternative for feminine traders to develop, particularly with the assist of a number of authorities initiatives and reforms encouraging ladies in financial participation.
About Saxo Financial institution Center East
Based in 1992, Saxo Financial institution was one of many first monetary establishments to develop a web-based buying and selling platform that offered personal traders with the identical instruments and market entry as skilled merchants, giant establishments, and fund managers. It was additionally the primary Scandinavian financial institution to determine a presence within the GCC when it launched a regional workplace within the Dubai Worldwide Monetary Centre in Could 2009. It opened an workplace in Abu Dhabi in 2014 and quicky noticed its MENA area revenues triple.
Headquartered in Copenhagen, Saxo combines an agile fintech mindset with near 30 years of expertise and a observe document in international capital markets to ship a state-of-the-art expertise to purchasers. The Saxo Financial institution Group holds 4 banking licenses and is nicely regulated globally, together with by the Central Financial institution of the UAE. Saxo’s shopper property worldwide complete greater than €75 billion and the corporate employs greater than 2,000 monetary and expertise professionals in monetary centres all over the world together with London, Singapore, Amsterdam, Shanghai, Hong Kong, Paris, Zurich, Tokyo, in addition to Dubai and Abu Dhabi.
For extra info, please go to: http://www.house.saxo/ME.