DBFS releases a new advanced version of Mubasher PRO for online stock trading

The advanced version of the system is specifically intended for active traders, fund and portfolio managers. It was developed using comprehensive feedback from traders and their requirements.

Among the product's new tools are volume and cash flow watchers, a smart ticker providing multi-market trading, single sign-on capability, and a side bar that supports trader access to information. Mubasher Pro is part of a series of new trading products being introduced by Mubasher that are compatible with mobile phones and personal digital assistants (PDAs) and complement Mubasher's recently overhauled TradeWeb trading platform at the website.

"Today's volatile markets require - an advanced platform and continuous access to highly-accurate data. High end players in the market require a platform that is as savvy as they are, and the new version of Mubasher PRO is built based solely on their feedback. This launch comes as an effort to reassure our position as the broker of choice for today's sophisticated traders and financial institutions, especially for those working within the regional stock markets. We have more offerings in store that are necessary to meet the region's rapidly growing needs and its expanding role in global finance,"

said Ibrahim Abu-Gharbieh, General Manager, Direct Broker for Financial Services.

The new Mubasher PRO provides professionals with a significant edge by supporting the placement of advanced orders. It also allows users to perform complex technical analysis with charting functions. The system's user interface is fully customizable to allow multiple views of various regional market information and trading activities and allows investors to trade regionally in GCC markets and Egypt.

Direct Broker for Financial Services (DBFS) is a subsidiary of "Mubasher Financial Services" that offers direct market access to Middle Eastern and leading International stock markets through a single trading hub. The company supports both electronic and manual Straight-Through-Processing order execution. Its service coverage currently includes the UAE stock markets (DFM, ADX, NASDAQ Dubai, DGCX), Saudi Stock Exchange (Tadawul), Kuwait Stock Exchange, Doha Securities Market, Muscat Securities Market, Bahrain Stock Exchange, Amman Stock Exchange, Egyptian Stock Exchange (EGX), and the US markets (AMEX, NASDAQ, & NYSE).

"Mubasher Financial Services" aims to eventually secure access to the financial markets in Pakistan, Indonesia, Malaysia, and Morocco.