RIYADH: Derayah Financial, a CMA certified investment company in Saudi Arabia, has launched the first unified equity trading platform in the region. The platform allows investors in the Middle East to trade across the most important local, regional and international financial markets in the same day, through a single platform and using a single cash account. The new electronic trading service currently covers the Saudi Stock Exchange (Tadawul), Abu Dhabi Securities Exchange, and Dubai Financial Market, and will be available for all investors with no minimum cost or charges for opening an account. The service will also be offered through a single site and cash account, which means that the investors will have the opportunity to trade in all of these markets on the same day. The new electronic trading platform developed exclusively by Derayah will allow investors, for the first time, to open a single account to trade in the Saudi Stock Exchange and a number of other markets, with no need to transfer money from one account to another, a process that usually takes several days and results in missed opportunities. With the new platform, the investor will be able to trade in different financial markets in the same day, through one site using one cash amount in one currency. Before launching Derayah's multi-market trading platform, investors had to face difficulties trading online in markets abroad.
