Members

NBB launches online platform

Manama: National Bank of Bahrain (NBB) yesterday announced the expansion of its digital offering with the launch of its latest innovation, Al Watani TRADE, a new and cutting-edge online trading platform that allows clients to trade equities and other securities directly on Bahrain Bourse using smart devices.

According to a statement from the bank, Al Watani TRADE was inaugurated on the Bahrain Bourse trading floor during the opening of trade. The ceremony was attended by NBB management and staff.

The service has been developed in collaboration with Mubasher Financial Services and in line with NBB’s broader efforts to drive digital innovation across the bank and create online products and services that make banking and managing wealth simpler, more secure and convenient for its customers. Al Watani TRADE offers minimum upfront investment costs and a more efficient and simplified way for customers to access the market from wherever they are.

Among Al Watani TRADE’s key features are:

  • Customised stock alerts and smart grid watch lists to keep track of favourite stocks
  • View buying power information with just a click
  • Consolidated portfolio review and evaluation
  • Historical transactions record
  • Investment analysis tools and resources
  • Real-time market notifications for potential investment opportunities
  • Major global market summary to help monitor price movements and keep track of the key market indices, commodities and currencies
  • Trading alerts and notifications via SMS and email

NBB chief executive for treasury, capital markets and wealth management Hussain Al Hussaini said, “We’re delighted to announce the launch of Al Watani TRADE, providing a state-of-the-art online trading platform for our customers.

“Digital innovation and making transactions more efficient and seamless for our customers are a priority for NBB. We are excited to bring to market new platforms that take us further in this direction.

“Al Watani TRADE has a host of features that make getting and trading online simple and efficient. This includes easy account opening and approvals and a host of tools to help support trading success,” he said.

“With Al Watani TRADE, customers get real-time quotes, can buy and sell stocks on the go, access all news and announcements, and benefit from a wide range of analytical tools to help them make smart and well-informed decisions,” Mr Al Hussaini added.

Bahrain Bourse chief operating officer Narjes Farookh Jamal said: “Al Watani TRADE, which falls under the Bahrain Trade network, aims to enhance retail investor penetration in the market and provide convenience and flexibility.

“The platform also aims to provide a completely new investment experience, in which investors can manage their securities online easily – both in terms of trading and execution. This further increases the efficiency of the capital markets.”

To sign up and start trading, NBB retail customers can visit and register online at nbbonline.com/trade with a minimum of BD 1,000 for account opening.

Source: http://www.gdnonline.com/Details/540017

 

Articles sur le même thème

Evénements sur le même thème

Share this page Share on FacebookShare on TwitterShare on Linkedin

Close

Are you starting to export ?