Saudi Arabia, May 2012 – Riyadh based MEFIC Capital (Middle East Financial Investment Company) announces the launch of TradeNet-X, which will be made available to their customers. With this development, MEFIC will join the ranks of esteemed financial firms in the GCC region that are currently successfully using the latest release of the TradeNet-X platform.
With a reputed client base in the GCC region, MEFIC is one of the fastest brokerage firms in Saudi Arabia specializing in financial services such as Wealth Management, Asset Management, Corporate Finance and Brokerage & Custody.
TradeNet-X is a robust trading system that combines a highly sophisticated user experience with the well established stability and rigor of the TradeNet trading platform. TradeNet-X offers an intuitive trading workspace that combines efficient order, execution & transaction management, advanced technical analysis capabilities with an integrated CRM. In addition to a customer centric focus the system provides access to trading through multiple channels including online web-based, mobile, IVR and dedicated dealer consoles. This latest release TradeNet X promises a fundamental change in the brokerage business model aimed at stimulating additional revenue.
TradeNet is the region's undisputed No.1 provider of equity trading systems for the financial industry, delivering order management solutions to over 45 banks, brokerage firms and 100K+ on-line investors across Middle East and other emerging markets.