Mubasher launches upgraded Mubasher Pro with newly developed features that are unmatched in the Middle East
Latest edition of real-time online investment engine offers smart trading facility that helps investors optimise gains and minimise losses
Mubasher, the premier provider of e-financial solutions in the region and a subsidiary of the National Technology Group (NTG), has announced that it has recently launched the latest version of Mubasher Pro with Conditional Orders service. The latest version of the high-performance, real-time stock market information service features a smart trading platform that evaluates simple and complex conditions to allow advanced trading facilities for the investors.
Mubasher Pro is a highly advanced real-time service that can be run on a workstation via a powerful windows client application, and is suited for banks, investor lounges, dealers, fund managers, portfolio managers and active investors. Unmatched by any other similar product in the Middle East, the upgraded e-trading engine is part of Mubasher's strategy to constantly enhance its end-to-end solutions and empower regional and international investors to buy and sell securities online anytime and anywhere.
"The new Mubasher Pro version offers a full range of advanced investment functions as Mubasher is intensifying its efforts to become the most trusted firm in online trading in the region. Our services are guaranteed to deliver premium value to our customers, which is a commitment reflected by the high performance of all our feature-rich online investment facilities," said Mohammad Jamal, Sales and Marketing Manager, Mubasher.
"We are pleased to deliver another breakthrough product with the integration of the Conditional Orders platform within Mubasher Pro's extensive range of functionalities. Stock market trading involves several variables and requires highly flexible tools. The newly introduced Conditional Orders service has been developed to address such requirements and empower our customers to make sound investment decisions," added Jamal.
The Conditional Orders platform features a selection of four advanced facilities – Simple Conditional Orders, Trailing Stop Loss Orders, Bracket Orders and Straddle Orders – and requires very simple steps to complete.
Simple Conditional Orders allows investors to pre-condition for any market, limit, day market or day limit order. Trailing Stop Loss Orders and Bracket Orders are designed to help clients minimise possible losses and maximise possible gains. Straddle Orders allows investors to lock in profits with an upside movement and prevent a downside loss without having to constantly follow the position.
The new version of Mubasher Pro also offers the Algorithmic Orders service, which allows multiple sub-orders based on the block size specified by the user. The sub-orders are sent to the exchange based on various conditions, which are Slice all at Once, Ice-berg, Sliced at Interval and Sliced at Interval Ice-berg.
Slice all at Once sends the sub-orders to the exchange one after the other all at once; Ice-berg forwards the sub-orders one after the other when the previous sub-order is filled; Sliced Interval sends sub-orders one after the other with a delay in between as specified by the user; and Sliced at Interval Ice Berg sends sub-orders one after the other when previous sub order is filled and after a delay specified by the user.
Mubasher Pro, the first online trading engine in the region, is part of Mubasher's extensive line of services that also includes the Mubasher Mobile Trade, Mubasher Interactive Voice Recognition (IVR) system, and the Call Centre & Dealing Room. Mubasher's services and products, including its new facilities, are available throughout the Arab World, delivering real-time information from Saudi Arabia, UAE, Bahrain, Egypt, Kuwait, Oman and Qatar. For further information, please visit our branches or contact us through our website www.mubashertrade.com or call our toll-free number 800567000.
