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2007-07-14
Dr.Abu Libdeh: Trying to keep up with modern technological developments for the delivery of information
An Agreement to exchange information between the Palestinian Stock Market and a Saudi-Egyptian Company for financial technological information
The
Palestine Security Exchange and the Saudi-Egyptian Financial Technology Co. signed an agreement to broadcast PSE info and historical trading data. The Saudi-Egyptian Co. will broadcast this information live and direct through the “Live Brew’ system which this company offers for broadcasting information in the financial market. Dr. Hassan Abulibdeh,President of the Governing Council and Executive Chairman of the Palestinian Financial Market, stated ,”This step on the initiative of the Palestine market comes in light of the rapid developments of information system broadcasting,according to building the market sought diligently towards constant development.Through this system participants get;all trading values,all trading info and financial data for all listed companies of the market,and also the 5 best prices to demand and supply.The agreement was signed by the Palestine Security Exchanges Governing Council Dr.Hassan Abulibdeh,and Mahmoud Dahshan the Executive Chairman of the Saudi-Egyptian Co. Dr.Abulibdeh said,”The Palestinian Stock Market is proud of this achievement as they continually strive to deliver information directly to all investors in the financial market in all parts of the world”.He pointed the exploitation of all developments on the field of information technology to serve dealers in security exchanges in order to achieve the highest level of fairness and transparency.It is noteworthy that the information will be broadcasted by the Saudi-Egyptian Co. as of trading information,values,number of company deals,index prices,information on listed companies,company symbols,currency trades,the number of the shares best offers and other information of interest to investors.
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