New trading programmes to be launched in Saudi

Saudi Fransi Capital joins Mubasher to launch multi-channel, multi-market e-trading

Tags: National Technology GroupSaudi ArabiaSaudi Fransi Capital (www.alfransi.com.sa/en)
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New trading programmes to be launched in Saudi Saudi Fransi Capital and the National Technology Group (Mubasher) have signed an agreement to launch a new generation of multi-market, multi-channel e-trading programmes and services.
By  Georgina Enzer Published  June 30, 2011

Saudi Fransi Capital and the National Technology Group (Mubasher) have signed an agreement to launch a new generation of multi-market, multi-channel e-trading programmes and services.

Abdulrahman Jawa, deputy managing director and chairman of the Executive Committee of Saudi Fransi Capital and Mohamed Al Balla, chairman of the National Technology Group signed the agreement in the presence of Yasir Al-Rumayyan, chief executive officer of Saudi Fransi Capital and Dr Walid Al Ballaa managing director of Mubasher. 

"The superior platform is the essence of excellence in brokerage services that we offer. In line with the overall strategy of Saudi Fransi Capital for 2011 we are strengthening our platform in a highly focused manner, applying the excellence model, and hence selected Mubasher as a partner for this project. The new generation of Saudi Fransi Capital e-services provides effective solutions which are not confined to order/executing management systems, but also by defining and delivering the right user experience as a highly available and comprehensive technical solution. Mubasher with its relevant expertise as a stock market price and data provider and as a pioneer in providing e-trading services having first hand experience of dealing with investors was the perfect choice for us," said Yasir Al-Rumayyan, CEO of Saudi Fransi Capital.

The new generation trading system and e-trading facility will support end-to-end multi-market and multi-channel online trading and will provide benefits such as client market watch lists and an effective market order management system.

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