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Friday, 27 November 2009 04:28 UAE time

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NCB improves online trading system

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Wednesday, 14 February 2007

Saudi Arabia's National Commercial Bank (NCB) has unveiled an enhanced version of its online trading system.

Tadawul Plus, according to the bank, allows brokerage customers to complete all transactions within the system. "Clients can place the orders on the screen itself, create a basket of orders and prices are automatically refreshed," explained Khalid H. Tahir, NCB Brokerage Business Manager during a demonstration yesterday.

Performance has also been improved, according to Tahir, "Tadawul Plus has an increased capacity to serve more customers at one time, leading to faster execution with no delay and high system reliability, all of which makes it the most superior online brokerage service in Saudi Arabia," he said.

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Tadawul Plus service is only for clients within Saudi Arabia.

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