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Online Stock Trading ("etrading"). Ramallah 24 April 2007: His Excellency Dr. Hassan Abu Libdeh Chairman of the. Board and Chief Executive Officer of ...

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Palestine Securities Exchange Page 1Palestine Securities Exchange Press Release The Palestine Securities Exchange Launches Online Stock Trading ("etrading") Ramallah 24 April 2007: His Excellency Dr. Hassan Abu Libdeh Chairman of the Board and Chief Executive Officer of the Palestine Securities Exchange (PSE) announced today the official launch of "etrading" (the buying and selling of PSE stocks via the Internet) in the Palestinian capital market effective Tuesday April 24 2007. His Excellency Dr. Abu Libdeh stated that the inauguration of etrade in Palestine is expected to significantly increase trading volumes on the PSE and is also expected to attract new investors to the PSE from abroad. The etrading system is expected to greatly reduce the impediments to trading on the PSE which existed for foreign investors. His Excellency Dr. Abu Libdeh stated that etrade is the latest step in a continuing trend of progress and service improvements for PSE investors. The PSE team has worked diligently to ready the internal and external technical support systems to ensure 100% secure online trading activity. According to Dr. Abu Libdeh "The PSE provided all necessary technical support for the introduction of etrading systems to our capital market. We have thoroughly examined and tested the safety and security of the etrading software." He further stated that the PSE intends to launch a 2month marketing campaign to publicize the PSE's etrade initiative with the assistance of Ramallahbased ZoomAdvertising a public relations and advertising firm which will work with the PSE to actively promote the value of etrade to Palestinian investors and investors abroad. Prior to its announcement the PSE completed a comprehensive testing phase of the etrade online software with a target group of PSE clients. The PSE ran the online trading software on its own web site using preliminary test transactions to assure the security and efficiency of the s ...

Source: www.p-s-e.com

 

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