Search DubaiPRNetwork.com

Home >> Banking & Investments

Union Coop Releases ‘First' Update of Its Electronic Share Trading Platform

Union Coop Releases ‘First' Update of Its Electronic Share Trading Platform

Thursday, July 11, 2019/ Editor -  

Share

Home >> Banking & Investments

“The new update will allow shareholders to access the best ‘Buy and Sell’ orders…”

Dubai, United Arab Emirates -  11 July  2019:   Union Coop, the largest Consumer Cooperative in the UAE launched the first update of its electronic share trading platform, which will allow shareholders to view the best ‘buy’ and ‘sell’ share orders during their daily trading sessions. 

As per the CEO of Union Coop, Mr. Khalid Al-Falasi, this latest update is adjacent to the best practices adopted by International Share markets to ensure transparent transactions and secure shareholders' equity. 

He said, “Since the launch of Union Coop’s electronic share-trading platform in ‘May’ this year, Union Coop’s share prices have been remarkably stable. This platform allows shareholders to trade freely, efficiently and securely.”

“We have stopped rumors on social media and fake trading of shares that are being spread to mislead the shareholders in order to harm the share value as well as the shareholders by some of the brokers through Linking share value directly to the ‘Demand and Supply’.  

On how this new update will facilitate the decision-making of shareholders, Al Falasi said, “The registered shareholders will be able to view the best buy and sell orders daily during their respective trading sessions, indicating the number of shares and their prices, which will facilitate their decision-making process.”

 


Previous in Banking & Investments

Next in Banking & Investments


Home >> Banking & Investments Section

Latest Press Release

Ministry of Health & Prevention Warns of Health Hazards Due to Illegal Slaughter ...

Indian playback singer Amit Kumar to dazzle guests with a vibrant performance at ...

Union Coop Awarded ‘ISO Business Continuity Certificate'

Automation Anywhere Expands into the Middle East with the Opening of Regional He ...

Etisalat unveils new ‘together' emoji to mark World Emoji Day

Empower: District cooling is environmentally-friendly and saves energy

More than 73 thousand patients receive screening and treatment through SEHA's mo ...

Hospital launches free “Healthy Heart Wellness Programme” in Ras Al Khaimah

The Car That Responds to Your Mood: New Jaguar Land Rover Tech Helps Reduce Stre ...

OMEGA's role in competitive swimming

Summer-ready BABY-G G-Lide BAX-100 makes splash this hot season

Mubadala Petroleum to farmout a 20% participating interest in both the Andaman I ...

Enjoy a shopping spree with up to 75 per cent off at Ibn Battuta Mall this DSS

APC Connected Smart-UPS Just Got Smarter: Enabling UPS management through the cl ...

Ras Al Khaimah Chamber and Ghana to Discuss the Cooperation Opportunities

Etihad Airways Introduces Nutritional Education Programme to Nepal School for Un ...

Summer Skin Rituals with SUKIN

How Middle East E-commerce has changed in last 5 years?

The India-UAE Bridge Recognized as a Step Into the Future

Lg's Front-loader With New Ai Dd Brings Optimized Washing to the Middle East and ...