Mubasher Financial Services supports 'Smart Borse' strategy

11/2/2015 3:18:50 AM

(MENAFN- Emirates News Agency (WAM))

DUBAI 2nd November 2015 (WAM) -- Mubasher Financial Services one of the Middle East's leading financial institutions has announced that it has been honoured by Dubai Financial Market DFM with a trophy for providing investors with trading access through its innovative smart phone trading application 'MubasherTrade Plus'.

To date Mubasher has conducted AED 1.7 billion worth of smart phones transactions 53% of the total value of trading via smart phones on the market.

Mubasher's smart phone trading technology enables investors trade anytime and anywhere and supports the DFM's 'Smart Borse' strategy which is in line with the vision and directions of Vice President and Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum.

According to the DFM the total value of trading via smart phone applications was up 27% in the first nine months of 2015 reaching AED 3.3 billion compared to AED 2.6 billion during the same period of 2014. It is expected to grow further in the years ahead providing Mubasher with a significant opportunity to capture further market share within the dynamic 'smart trading' market place.

Mubasher is committed to the 'Smart Borse' vision and to providing the UAE's investors with best in class trading technology and options which empower them to trade anytime and anywhere which is an increasing necessity in this digital age.

On behalf of Mubasher Financial Services Mohamed AlBallaa Chairman of Mubasher Financial Services who received the trophy from Hassan Al Serkal Chief Operating Officer DFM said "We are delighted to receive this prestigious recognition as it reaffirms Mubasher's reputation as the 'go to broker' of choice for high quality smart trading platforms and supporting technologies. We are strong believers in the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum and have been committed to supporting the growth of our domestic market through the development of innovative technologies and multi-platform trading options which support the development of a 'Smart Borse' strategy. Together we can build digital trading platforms which match developed market standards for innovation professionalism and efficiencies. Our entire industry should be proud of our successes to date and excited by the opportunities that lie ahead."

WAM/Rasha/Moran

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