Market aims to avoid interruptions

Dubai Financial Market (DFM) is to launch a new website with another hosting company after technical problems took it offline last week.

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By  Daniel Stanton Published  March 2, 2006

Dubai Financial Market (DFM) is to launch a new website with another hosting company after technical problems took it offline last week. DFM’s website was interrupted for more than 30 minutes towards the end of the trading session on February 26, due to a data line failure at the present hosting company. The new website will be hosted by Datafort, a company specialising in hosting and security services. DFM’s web service will be available from alternate locations, as well as from two different internet service providers, which should reduce the risk of interruptions caused by third party providers. Currently in beta form, the website can currently be accessed from DFM’s original home page. The new website will take over in a few weeks when users’ comments have been taken into account and any necessary modifications have been made. DFM is a secondary market for trading government bonds, securities issued by listed companies, and other financial instruments. Essa Kazim, director general of DFM, said: “The agreement with Datafort enhances DFM’s ability to recover from service interruptions caused by deterioration or loss of data lines or services provided by external parties.”

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