Arqaam Capital launches Mena prop trading tool

Mena-based emerging market broker Arqaam Capital has developed a proprietary trading tool designed for European institutional clients wanting to trade in Mena markets.

According to Arqaam, the tool aims “to provide financial intermediation and create investment opportunities for emerging markets investors looking to invest in their own markets and abroad, as well as international investors seeking opportunities in target emerging markets”.

The tool, ArqNET, will be housed in the London-based D4 data centre.

To date, ArqNET has been used by 20 institutional clients, and the company plans to extend the services to other regions in the future.

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