Company also announces new Free Trading Offer for traders and investors with commission discounts between 50 and 100%

May 5, 2012 - DBFS Mubasher, one of the leading UAE financial institutions and a subsidiary of Mubasher Financial Services, has announced the launch of Mubasher Pro 10, the latest version of the Mubasher Pro series that offers a comprehensive, sophisticated and user-friendly trading platform tailored to the needs of the active trader and technical analyst. Mubasher also unveiled its new Free Trading Offer for traders and investors with commission discounts between 50 to 100 % dependant of traded value.

Mubasher Pro 10 unlocks new possibilities and integrates even more powerful features that exploit the latest advances in trading technology; Mubasher Pro delivers unrivalled depth, flexibility and scope as a trading platform combined with advanced technical analysis tools that bring the complete dealing room experience directly to the trader's desktop. It supports the full functionality of equity trading, and is fully integrated with advanced charting tools to help clients overcome the barriers of traditional trading methodologies. With the launch of the latest version, Mubasher Pro 10 now offers even more powerful features including the "quick trade" functionality, a range of market watch improvements, workspace improvements, enhanced reporting capability as well as RSS and Twitter integration.

In addition to this, Mubasher's new Free Trading Offer is a new value proposition to rewards active investors. Under the campaign, clients who trade more will benefit from trading for free. If clients turn their portfolio around at least eight times their account value, they will be eligible for a 50 per cent discount on the commission, while clients who turn their portfolio around more than 16 times can get a 100 per cent discount.  

"With the market steadily recovering, we at Mubasher wanted to give back to the community and play an active role in supporting the local market by encouraging the trading in UAE equities, and give traders and investors an opportunity to increase their returns by trading for free. We believe that by lowering the transaction cost with the launch of the Free Trading Offer will encourage our clients to invest more and benefit from the opportunities offered on DFM, ADX and Nasdaq Dubai while in turn supporting the UAE companies", said Malek Kanawati, CEO, Mubasher.

Commenting on the launch of Mubasher Pro 10, Kanawati added, "Mubasher Pro 10 unlocks new possibilities and integrates more powerful features that exploit the latest technological advances in the delivery of financial services. The launch of the latest version of Mubasher Pro is in line with our mission to enhance the trading experience of our clients by delivering superior, innovative technology-based products and services that adhere to the highest international standards. Such innovations not only satisfy our clients evolving trading needs, but also enables them to take advantage of the value added trading offers that we continue to provide along with our products and services. With our extensive experience in the Middle East region, Mubasher PRO 10 is the latest member of the Mubasher's wide range of trading tools such as Mubasher BlackBerry, Mubasher iPhone, Mubasher iPad and Mubasher Trade-web Mubasher is strongly positioned to deliver financial market solutions that are tailored to the needs of active investors across different Arab markets."

Mubasher Financial Services is a subsidiary of NTG that offers direct market access (DMA) to Middle Eastern and leading international stock markets through a single trading hub. The company supports both electronic and manual Straight-Through-Processing order execution on multiple markets including GCC, MENA, South East Asian markets, US and European markets through its sister company dutrade.com. It offers brokerage services via various trading platforms, dealer-assisted order placing, research, and dedicated relationship managers.

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© Press Release 2012