Muscat Securities Market adopts new electronic trading system
The Muscat Securities Market (MSM) as from Sunday adopted a new electronic trading system which is aimed at upgrading market efficiency and boosting investors’ confidence. It also avails trading through the Internet, ONA reported.
Ahmed bin Saleh al Marhoon, MSM Director-General said the new system is flexible in availing the market future requisites such as introducing new financial investment instruments. According to him, the French trading system was chosen to replace the current trading system due to its success in 17 advanced financial markets in Europe, America, Asia and the Middle East.