10/09/2017 05:50 AST

Noor Index has launched on Sept. 4 its extensive range of software solutions for the financial services industry, focusing on easy-to-use and customized online trading platforms serving multiple sectors including physical currency, precious metals commodities, forex Contract For Difference (CFD) derivatives, and equities such as shares and bonds. The Dubai-based software development company is a subsidiary of investment group Noor Capital.

With Dubai maintaining its position as a financial regional hub, the company aims to serve the continuing growth of online trading platforms in the emirate and the region. It plans to provide wide-ranging coverage of regional and international markets through financial technology instruments designed to suit the needs of various industry players including management firms, financial institutional investors, banks and brokerage house firms.

Mohammed Ghousheh, CEO, Noor Capital, said: “We are proud to introduce one of the most advanced solutions in the financial market today through Noor Index’s strong portfolio of software solutions for online trading platforms. Noor Index as a subsidiary of Noor Capital, takes advantage of the rapid developments in digital technology by developing ways that will enhance the management of products and services in online trading, for industry players who wish to stay ahead. We have employed the latest tools and cutting edge technologies to deliver unique solutions to the market to facilitate online trading and help investors enjoy the flexibility and accuracy in trading provided by our software.”

Noor Index offers diverse trading solutions such as its latest program, the Multi-Model Investment Account, a platform which allows account holders to diversify their investments under a single management platform. It also looks to become the leading online trading platform for precious metals in the MENA region.

Among the various features that set Noor Index’s software apart from other trading systems are:

• Ability to help financial companies empower their clients in overseeing their operations online, control decisions on certain actions based on the daily report, and secure products such as Physical Currencies and Commodities, Equities (Shares and Bonds), Margin Currencies and Commodities, and last but not least, Forex, all at their preference.

• A new trading method for physical currencies and commodities which makes it easy for clients to trade with physical currencies including EUR-USD, USD-CHF, USD-CAD, AUD-USD, USD-JPY, GBP-USD, among others, as well as trade with physical commodities such as gold, silver, platinum, and palladium.

• Ability to support services which enable clients to build their portfolio with zero risk following the full-settlement concept

Abdulla Alsuwaidi, Executive Director of Strategic Sector, Noor Capital, added: “We are confident that Noor Index will be able to deliver the ideal solution for every kind of trading transaction suiting the diverse needs of our wide variety of clients. Investors are finally able to further develop their investment portfolios as well as enjoy their profits through the most efficient systems, thanks to the Noor Index Software Technology.”

Noor Index, a subsidiary of Noor Capital, is the Middle East’s first software development company which caters to the financial market’s growing need for an easy access and flexible online trading platform. The company aims to contribute to economic development by enhancing the facilities and services in online trading by providing a multiple online trading solution under a single management system.

Noor Index develops a customized software that adapts to the specific needs of financial companies such as banks, brokerage houses, currency exchange, wealth, portfolio, and assets management firms, trading companies, forex, and other financial services firms looking to


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