Mubasher facilitates e-trading on international stock markets and commodities, gold, silver and currency exchanges

The announcement was made during the recently concluded Funds World Middle East 2007 conference held in Dubai, an event in which Mubasher participated as the platinum sponsor.

Moreover, Mubasher's new service also allows trading in the commodities, gold, silver and currency exchanges such as the Dubai Gold and Commodities Exchange (DGCX), which will enable easier diversification of the investment portfolio. The introduction of this service highlights Mubasher's commitment to continuously enhance the quality of its service offering to its customers.

Mubasher, which was the first to introduce online stock trading in the region, currently allows its clients to trade in the regional stock markets such as the Kuwait Stock Exchange, Bahrain Stock Exchange, Abu Dhabi Securities Market (ADSM), Dubai Financial Market (DFM), Muscat Securities Market, Cairo Alexandria Stock Exchange, Doha Securities Market and the Saudi Stock Exchange (Tadawul). The regular inclusion of more regional and international markets will significantly broaden investment opportunities for regional investors as it gives them easy access to markets around the world.

Engineer Mohammed Al Ballaa, Chairman, National Technology Group, said,

"Ever since its inception, Mubasher has been committed to constantly add value to clients and maximise investment opportunities. By facilitating trade on international stock markets through one portfolio, regional investors can now easily keep a track of stocks in markets around the world and buy and sell stocks from any of these exchanges from the comfort of their homes or offices."

"Mubasher's services will continue to empower investors in the region as they look to expand their investment portfolio by trading in major stock markets around the world. Our underlying aim is to help our clients make prudent, informed and profitable decisions," he added.

Engineer Al Ballaa was the keynote speaker at the Funds World Middle East 2007 conference, where he highlighted the benefits of recent technology developments with regard to the management and distribution of funds in the Middle East. Also, during the event, Rashid Al Ballaa, CEO of Mubasher, UAE took part in a panel discussion on the subject, 'Realising the full potential of the domestic funds industry'. The discussion covered topics such as cross border investments and supervision of funds, factors attracting investors to the Middle East, and regulatory and supervisory arrangements for fund managers in the region.

Mubasher is the pioneer and leader in providing the region with real-time price dissemination, sophisticated technical analyses tools, news and other value-added services to allow investors to make sound investment decisions. Mubasher provides a complete end to end e-trading solution with the most advanced e-trading engine that empowers investors to buy and sell securities, commodities and foreign exchange, online anytime anywhere. Mubasher's Straight-Through-Processing allows investors to conduct direct transactions in the stock market via Mubasher Trade, without the need for intermediaries and brokers.