Mubasher system powers first-ever multi-exchange online trading platform in Pakistan

The next-generation online trading system allows investors to trade in cash equity and derivatives markets on Karachi Stock Exchange and also provide access to JS customers to trade in the Middle East Markets via Mubasher Financial Services, first of its kind in Pakistan.

The two parties signed an agreement in 2008 for NTG to develop the Mubasher trading system for Pakistan market. JS GlobalOnline delivers real-time access to market data, corporate announcements and news, and also offers a wide range of analytical and technical analysis tools that enable clients to make real-time financial decisions using the online, multi-channel platform.

Manjula Jayasinghe, Senior Executive, Mubasher, said:

"The launch of Mubasher's next-generation trading platform in Pakistan marks a new era for online trading in the country, providing unprecedented advantages and benefits to the growing number of Pakistani retail investors. Mubasher delivers a new dimension in online trading that gives a significant edge to our clients, empowering them with up-to-date information and cutting-edge tools to make informed investment decisions."

G.M. Malkani, CEO JS Global Capital Limited, said, "Our partnership with Mubasher has strengthened our growth strategy in the delivery of financial solutions to our customers. Investors will greatly benefit from an expanded line of investment tools and a much wider selection of investment options from the Karachi, and Middle East markets. With the inclusion of the Mubasher terminals, JS GlobalOnline has certainly emerged as the most comprehensive online trading platform in the country."

The Launch of this service also offers the opportunity for large number of expatriate Pakistani citizens in the Middle East to trade online on Karachi Stock Exchange by opening an account with JS Global Online.

Mubasher is the most advanced multi market, multi currency and multi asset class securities trading platform in the Middle East used by the leading brokerage houses in the region. Mubasher currently empowers over 400,000 investors with information and tools required to track market trends real time and make profitable decisions.

JS Group controls and operates market-leading financial services companies in Pakistan across sectors including asset management, commercial banking, Islamic banking, insurance, investment banking, financial advisory services, stock brokerage, company research, consumer credit rating, factoring and micro finance. JS Group also has investments throughout Pakistan's economy, including its industrial sector, technology & media sectors, commercial real estate, energy & natural resources and aviation.