NCB Capital introduces the new AlAhli Tadawul

Press release
Published September 18th, 2014 - 05:23 GMT

NCB Capital, one of the largest Brokerage Service providers in the Kingdom, GCC’s leading wealth manager and the Kingdom’s largest asset manager, has introduced the new AlAhli Tadawul service with a total new interface. The launch of this service is in response to the evolving needs of its brokerage customers in today’s fast moving markets.

Commenting, Mohammed Al-Nory, Head of Securities at NCB Capital, said: “One of the key success factors in the trading world is having a powerful, user-friendly online trading platform with a wealth of information to enable customers make quick and appropriate decisions.  Not just that but also supports trading through a new investment account instead of the current account with NCB.”

“With this in mind, we have designed and enhanced the new electronic trading platform in accordance with international standards to fully support users; the new platform will provide the necessary tools to guide them towards making smarter decisions.”

The easy to control feature is one of many enhancements that customers will experience as they log in to the new system.  Users can personalize and customize their page according to their prefrence. The order pad, account summary, watch list and market depth screens can all be combined in one page and re-arranged in a way that suits each individual user needs.

AlAhli Tadawul also features a right click mouse button that grants quick and easy access to the most frequently used tools.

Knowing when to seize opportunities is another key to successful trading and AlAhli Tadawul’s smart alerts feature provides traders with the latest market updates. For example, by setting an alert to know when the stock reaches a specific price, the program will send an alert through an email or SMS according to choice. 

Conditional orders save brokerage customers the trouble of following up the market hour by hour. Instead, users can place a buy or sell order in advance with a specific stock price and the system will automatically apply the order if the conditions are met; for instance selling or buying if the stock index rises to a certain price can be preset in the conditional orders. 

The order pad feature enables users to arrange a group of orders in advance and apply them whenever they want.  Another interesting feature of the system enables traders to sell all the different stocks in their portfolio with just one click. 

In addition, NCB Capital enables traders to base their decisions on knowledge by accessing the smart market analytical tool, which is provided by specialized international experts who survey the market periodically, locating the investment opportunities based on technical analysis in a very simple way: such as graphs and automatic scan for the formed chart pattern, identifying entry and exit points, loss control points, support and resistance points, and much more. 

AlAhli Tadawul users can also check NCB Capital’s award-winning research in fundamental analysis of the stock market. 

“The upgraded AlAhli Tadawul establishes a new era in brokerage by providing brokerage customers with a world-class electronic trading platform to support them in making a smarter decision.” Concluded Mr. Al-Nory.

Background Information

NCB Capital Company

NCB Capital was founded in 2007 as the investment banking and asset management arm of the National Commercial Bank (over 90% ownership), providing clients with premier solutions of integrated investment services. Today, NCB Capital is the largest Asset Manager in the Kingdom of Saudi Arabia and the largest Sharia compliant Asset Manager globally with over SAR140 billion of assets under management.

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