INGOT Group expands in MENA with research-backed trading feature 'Rise Moments'

INGOT Group, a leading financial services provider, has expanded its operations in the Middle East and North Africa (MENA) region, bolstered by its subsidiary Rise. The company unveiled a new feature called Rise Moments, designed to streamline the trading process for its clients.

Rise Moments enables customers to act on a single market question by executing a set of research-backed trades with one order. This innovative feature is now accessible to all Rise clients on both iOS and Android devices. Each Moment commences with a market question - for instance, the potential impact of rising oil prices on companies beyond the oil producers themselves.

The Rise Research Desk subsequently answers this question, providing a predetermined list of stocks and commodities and detailing the role each instrument plays.

Upon entering a single amount, Rise divides it equally across all instruments on the list and simultaneously opens all positions. Each position, however, remains a standard trade that clients can manage individually. Six Moments are currently available at launch, with four based on ongoing market debates and two limited-time offerings. INGOT Group plans to introduce and retire Moments based on evolving market conditions.

This launch marks an important step in Rise's expansion in the UAE and the broader MENA region, supported by the company's Dubai office and a regional partnership with LALIGA. Ahmad Khawanky, Co-Founder and Chief Product Officer at Rise, emphasized that the feature aligns with clients' desire to follow market trends through the stories that shape them. By launching Rise Moments in Arabic from the outset, the company underscores the significance of the Gulf region in its growth strategy.

It is important to note that Rise Moments are execution-only, meaning Rise does not offer investment advice. A Moment is not a fund or a managed portfolio. Rise Moments is currently available on iOS and Android platforms, with additional information available at traderise.com/moments.