Narratiive Tags - Khaleej Times Desktop

Oman to introduce new trading system

From Our Correspondent
Filed on April 20, 2005

MUSCAT The Muscat Securities Market (MSM), Oman's stock exchange, yesterday signed an agreement with Europe's leading IT solutions provider AtosEuronext to introduce a new trading system, called 'Euronext', by December this year.

Chairman Abdullah bin Salem Al Salmi and director-general Ahmed Al Marhoon signed the deal for MSM and Dominique Brutin, chairman of the managing board, and Emmanuel Devedeux, vice-president and international sales director, for AtosEuronext.

The ceremony took place in the presence of Yahya bin Said Al Jabri, Executive President of the Capital Market Authority (CMA).

The new system can integrate markets and provide users with greater flexibility, as it will facilitate information dissemination and surveillance systems, a spokesman for MSM said.

"The system is expected to create synergies, as it is a high performing model in many advanced and emerging markets worldwide. It will also cater to the future requirements of the Muscat Securities Market," he added.

The system is currently in use by major bourses in countries like France, Belgium, Amsterdam, Malaysia, Tunisia, Algeria, Lebanon and Jordan.

ERROR: Macro /ads/dfp-ad-article-new is missing!
MORE FROM Business
MORE FROM Khaleej Times
CurrentRequestUnmodified: /apps/pbcs.dll/article?avis=KT&date=20171213&category=ARTICLE&lopenr=171219610&Ref=AR&profile=1036 macro_action: article, macro_profile: , macro_adspot:
KT App Download
khaleejtimes app

All new KT app
is available
for download:

khaleejtimes - android khaleejtimes - ios khaleejtimes - HUAWEI AppGallery