GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >>

 
  Share

“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.”

 



Posted by : GoDubai Editorial Team
Viewed 7430 times
Posted on : Thursday, July 11, 2019  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Robotics and Automation to the Fore at Materials Handling Middle East
Next Story : Dr. P.A. Ibrahim Haji, Co Chairman Malabar Group and Chairman PACE Group has been given the 10 year ...
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Weather-proof your hair with HASK
The Real Secret to 10 Years Younger: Argan Face Oil
Eberhard & Co. and the new “Quadrifoglio Verde” chronograph, dedicated to the p...
OMEGA Celebrates The New James Bond Watch in New York
Mouawad and the Miss Universe Organization Unveil the Miss Universe Power of Uni...
Retrograde Fusion'
Love Your Skin Better with Sukin® Skincare
Foreo Cements Its Position as One of the 10 Most Popular Beauty Brands on the Planet
Pure Gold Jewellers opens new store in Nakheel Mall
Shine On with Flormar's Festive Coffrets
NYU Abu Dhabi Class of 2017 graduate Alioune Fall named as 2021 Schwarzman Scholar
DP World joins forces with Dubai Cares in giving a new facelift to Umm Al Qura S...
Liu Jo Eyewear Introduces a Trend-forward, New Sunglass Style With an Ultraligh...
Reuben Kipyego and Vivian Kiplagat Win 2019 Adnoc Abu Dhabi Marathon
Aquadate Chrono Eberhard & Co. presents the chronograph version of its classic t...
Team Abu Dhabi's F2 world champion rounds off brilliant campaign with historic w...
Al Qemzi Claims Abu Dhabi Grand Prix Pole With Brilliant Surge
Botb - Short Film Fest is Back on Popular Demand
It's time to cover up - Knee high boots from Steve Madden
Two New Looks for the Legendary Diver
The Chronographs Have Arrived!
New Jaguar Lifestyle Collection Inspired by Classic Mark 2 Saloon
Dubai Chamber-led advisory council outlines plans to boost economic competitiveness
The Trench Coat and Mac Edit'
Dubai Health Authority signs MoU with Apollo Hospitals Group India
Boot Trends from ECCO
Dubai International Rhythmic Gymnastics Cup is a hit with 500 participants from ...
MSC Cruises Signs Long-term Agreement With DP World for Preferential Berthing Ri...
Dr Azad Moopen, Founder Chairman & MD, Aster DM Healthcare meets the Governor of...
Global Youth Forum in Abu Dhabi sets twelve recommendations for positive socio-e...
Samsung Galaxy Note10+ Star Wars™ Special Edition is now available for pre-order...
Etihad Becomes the First Airline to Raise Funds Tied to United Nations Sustainab...
Pottery Barn Kids Launches the Holiday Season Collection
Amana Healthcare First in UAE to Earn U.S. Accreditation as Stroke Specialty Center
Listen to the youth facing different challenges, calls HE Dr Ali Rashid Al Nuaimi
Aster DM Healthcare celebrates 33rd Foundation Day by announcing launch of 5 new...
Gulf Electrical Power Laboratories is now operational to optimize power assets i...
5 tips to achieve a festive, fancy and fabulous look for the holidays
New Sneakers, New You
DHL Express expands UAE operations with new USD 5.5 million logistics facility a...
20th Fazza Championship for Youlah kicks off to a rousing start Emirati performe...
2019 Adnoc Abu Dhabi Marathon Acclaimed by Runners and Fans
NYU Abu Dhabi researchers explore the long-standing sociocultural connection bet...
Dubai International Hotel claims double victory at Hozpitality Excellence Awards 2019
Next generation Nokia 2.3 brings powerful AI to everyone
Union Coop Registers 37% Emiratization Rate'
It's the Most Wonderful Time of the Year! The Dubai Gifting Weekend Will Bring G...
Why AU Students Play Basketball on Wheelchairs?
Nuvolari Legend “The Brown Helmet” Eberhard & Co. extends the range dedicated t...
Renewable energy rises to the top of Middle East's energy agenda