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Mubasher unveils market initiatives

DUBAI — Mubasher, a subsidiary of National Technology Group (NTG), has announced a host of innovative direct marketing initiatives to mark the launch of Mubasher Market and Mubasher Trade.

Mubasher Market is the first bilingual (Arabic and English) stock market information service in the UAE while Mubasher Trade is the country's first online trading engine.

With its entry in the UAE financial markets, Mubasher is poised to consolidate its reputation as the leading e-financial solution provider. Mubasher offers a high-performance, interactive, digital data feed that delivers premium real-time stock market information from Dubai Financial Market (DFM) and Abu Dhabi Securities Market (ADSM) to investors and fund managers.

In order to ensure hassle-free information-gathering for investors on the floor during trading hours 9:30am to 1pm, Mubasher has installed giant Plasma screens outside the DFM entrance, which display real-time stock market information to keep investors updated about market trends and stock fluctuations.

Additionally, Mubasher has placed a promotions counter, where investors can gain more information about Mubasher services.

During trading hours, Mubasher sales team provide investors on the DFM floor with Tablet PCs, the first time such a facility is available in the UAE. The Tablet PCs allow investors to receive stock market information from the comfort of the DFM lobby and coffee shop.

Engineer Mohammed Rashid Al Ballaa, Chairman, NTG, said: "Mubasher Trade is an innovative online investment tool that allows investors to perform full stock market transactions via the web, thereby eliminating the hassle of having to physically engage in trading at the stock exchange."

"A key feature of Mubasher Trade is its remarkable speed, where transactions take place within 5 seconds. By placing Plasma screens at the trading floors, Mubasher ensures that investors get easy access to all market-related information and services," he added.

Moreover, investors can pre-register for Mubasher Trade, the online trading tool, by visiting the Penta-room allocated to Mubasher on the 5th floor of Dubai World Trade Centre (DWTC) after trading hours where they can also receive online training.

Women investors can attend the online training session from 3pm to 4pm. Investors will be given a full-length demonstration of the trading engine, allowing them to see the actual solution online.