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Remal launches Awamer trading platform

Remal IT Ltd announced the final release of Awamer, the automated Saudi stock trading software.



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Essam AlZamel, Executive Manager of Remal IT.
Essam AlZamel, Executive Manager of Remal IT.


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Awamer is the first trading software in the Saudi market that enables traders to execute buy and sell orders, monitor stock prices, and indicators automatically. The software enables the user to add buy and sell orders with conditions such as stock price, trading volume, or Index value and then send the order(s) to the bank once the conditions are met. This will provide the traders with extra techniques such as stop-loss and sequential orders which will act as a risk managment tools to the users. Awamer currently works with Samba and the Saudi Fransi bank and planned to support more banks in the near future.

'Awamer is considered a significant leap in the technology of stock trading in Saudi Arabia. It will serve large segment of the traders who cannot monitor the market all the time due to work commitment. It will also benefit traders who manage multiple portfolios as they need a better technology to react faster to the market changes. The company will continue improving the software and support more banks in the coming couple of months'

Essam AlZamel, Executive Manager of Remal IT'.

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Notes and media contacts

Awamer can be downloaded and tried for free from http://www.awamer.com

About Remal IT
Remal IT is a leading Saudi company in the field of software development and Internet. It was establised in 2002, the company provide services in software development, online marketing, Internet portals, and e-commerce.

For more info, please contact:
Fahad Al Zayed
Media Relations Manager
Remal IT
Dammam, KSA
Tel: +96638307777
Fax: +96638095481
Lara Lynn Golden Posted by Lara Lynn Golden, News Editor
Saturday, April 28 - 2007 at 09:16 UAE local time (GMT+4)

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