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Sunday, November 29 - 2009

NCB Capital upgrades its free online trading platform

NCB Capital, the investment banking arm of National Commercial Bank, one of Saudi Arabia's largest banks, has upgraded its free online trading platform Tadawul Basic to provide investors with a range of user-friendly new features including expanded analytic and trading tools.

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NCB Capital was the first provider in the Kingdom to introduce free online trading. Today, its brokerage business has the largest number of clients and in the last year executed nearly 12 million trades, averaging over 1million trades per month.

The new features to Tadawul Basic include:
Trade Summary - this report will help clients to view realized profits & losses occurred in a certain time period (30 days) within the previous six months.
Advanced Calculator - this feature will enable the client to view the portfolio holdings, pending orders, commission, and the profit percentage. All of these will be displayed in one window.
Basket Order - eases the selling and purchase of more than one stock by sending multiple orders at press of a button.
Additional reporting functionality - new pie charts demonstrating the portfolio assets and a monthly e-statement that allows the client to view all the transactions he/she made in his/her portfolio account. Additional data in the My Portfolio feature show portfolio holdings, pending orders, commission, and profit percentage. All of these will be displayed in one window

Hani Al Shuwair, Head of Brokerage at NCB Capital, said:
"We have added these new features to make our Tadawul Basic service even more convenient to use and to provide more information to facilitate investors' decisions. We believe this will be helpful in the cautious investment climate that currently prevails. These additional features reinforce Tadawul Basic's position as the most popular free online trading service in the Kingdom."


Through technologically advanced systems and state-of-the-art programming, NCB Capital offers its clients a wide range of market leading brokerage services, covering local Saudi, regional and international stock exchanges. Working with personal brokers, independently on-line, or through Saudi Arabia's first Interactive Voice Response System, the bank's clients receive a peerless service.
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Notes and media contacts

About NCB Capital:

• With around $13bn of assets under management and over one million clients, NCB Capital is the Kingdom's largest manager of wealth for high net worth individuals and its strong links to its parent NCB, which has over 260 branches, bring it peerless expertise in the markets locally.

• NCB Capital organises its 360 employees in three main business groupings - Wealth and Asset Management, Brokerage and Investment Banking, supported by robust economics and equity research expertise.

• In addition to its pre-eminent position in Saudi Arabia, the GCC's largest market, the firm is building a strong regional presence selectively, working with its affiliates HC Securities in Egypt and HC Al-Futtaim Securities in Dubai, its subsidiary Eastgate Capital Group in Dubai, and with NCB's subsidiary Turkiye Finans in Turkey.

• In October 2008, NCB Capital acquired The Capital Partnership, a London-based specialist asset manager, to accelerate its growth specifically in asset management, where it brings new capabilities in global absolute return products.

• NCB Capital is the market leader in the local Saudi mutual funds market with 33% market share (at March 09).

• In brokerage, it is the third largest player in terms of value traded with a market share of 12.5% (at March 09).

• A pioneer in investment banking in the region, NCB Capital launched the world's first Sharia-compliant real estate fund.

For further information, contact:

Maryam Afandi
Senior Account Executive-Media Relations
Trans-Arabian Creative Communications - TRACCS
Tel: (9662) 6632525
Fax: (9662) 6632323

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