Dubai: Emirates NBD said it has signed UAE-based Pioneers Waseet Securities as trading member to avail the bank’s settlement and clearing services.

Emirates NBD has added several clients to its growing portfolio making it the market leader in providing clearing and settlement services to trading participants of the UAE’s equity markets, the bank said in an emailed statement.

Tareq Bin Hendi, Executive Vice President and Head of Products & Advisory, Emirates NBD Group said: “We are delighted to offer Pioneers Waseet Securities a range of efficient and cost-effective services as we continue to expand our coverage of brokerage firms in the UAE.”