Australia's social media ban for children has left big tech scrambling    Al-Sharaa places a piece of Kaaba's Kiswa, presented by Saudi Crown Prince, at Umayyad Mosque    Saudi economy records 4.8% growth during Q3 2025    Riyadh–Doha high-speed train: What the new project will deliver in six years    In-person classes suspended in Jeddah and Rabigh schools on Tuesday amid issuance of a red alert    Maestro unveils 3 new flavors in collaboration with Netflix    Unicharm Gulf Hygienic partners with Qiddiya as official Family Care Partner of Six Flags and Aquarabia Qiddiya City    Crown Prince and Emir of Qatar co-chair Saudi-Qatari Coordination Council meeting in Riyadh    Saudi Crown Prince, French President discuss over phone efforts to achieve regional security    HONOR and Rotana Music Group announce Strategic Partnership, capturing unrepeatable moments at "Mohamed Abdo Sha'biyat Night"    The Vatican returns sacred artifacts held for a century to their Indigenous owners    Inside Saudi Arabia's next great digital leap    Thailand launches airstrikes on Cambodia as Trump's peace agreement hangs in balance    Netanyahu says second phase of ceasefire expected 'very shortly' during Merz visit to Israel    Mohamed Salah says Liverpool have "thrown him under the bus" as relationship with Slot collapses    Saudi creatives shine in Starbucks Design Competition celebrating Year of the Handicraft    Trump presents Kennedy Center honors, calls 2025 class 'most accomplished ever'    Who are the early favourites for the 2026 World Cup? Form, data and draw analysis    Saudi Arabia drawn with Spain, Uruguay and Cape Verde in 2026 World Cup Group H    Saudi Arabia advance to Arab Cup quarterfinals with 3-1 win over Comoros    The key to happiness    Sholay: Bollywood epic roars back to big screen after 50 years with new ending    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Daweda Exchange launches first online trading platform in KSA
Published in The Saudi Gazette on 26 - 03 - 2016

GONE are the days when investors had to make regular visits to a stockbroker's office to buy or sell stocks. Things have changed these days. Technology has brought about drastic change in every walk of life. Buying or selling financial contracts is simply a click away.
Since the Internet technology on its part has revolutionized the way people trade across the globe, Daweda Exchange, the first online financial marketplace and the only platform that offers a true, exchange-like experience have expanded their services and products to the Saudi customers interested in gaining benefits from trading.
Based in Cyprus and regulated by the Cyprus Securities and Exchange Commission (CySEC), Daweda Exchange are committed to providing a fair and transparent trading environment, while giving the clients an opportunity to keep a complete control and to fully maximize their returns on correctly predicting the market's movement.
To provide its clients with an optimum exchange-like trading experience, all trades are carried out on "Orderbook" that execute trades in under 4 milliseconds, which is the stock market's standard for fast execution.
This "Orderbook" is unique tool that allows clients to view all other positions on the platform such as how many buyers and sellers are currently available before making their own informed trading decision. In addition to this, the platform can also handle some 50,000 trades per second and provides clients with a 100% uptime.
"It's the only platform in the market that allows you to trade directly with other clients at its most simple and fair way. The unique and new trading method is extremely different from the other trading platforms as it allows the customers to buy and sell directly to, or from other clients, we don't intervene in the pricing process," said John Linder, CEO of Daweda.
Moreover, besides being unique and new, Daweda is reliable and transparent and avoids any conflict between the client and the company.
"As we grow, we look to increase our services into the expanded realm of impact trading in Saudi Arabia and other GCC countries. However, with an aim to provide professional and exciting market place atmosphere and experience, we're pleased to be the first online financial exchange platform in the country to offer the most dynamic and dependable trading opinions to the socially conscious clients," added Linder.


Clic here to read the story from its source.