Under the terms of the contract, OMX will be the system provider for the license, customization, implementation and support of DFM’s new trading system.
Essa Kazim, director general, DFM says the new trading platform is part of our overall strategy to continuously invest and enhance our IT infrastructure.
Kazim says the exchange currently handles 20,000 trades a day, which is expected to grow exponentially in the near future.
The new fully integrated trading platform will enable DFM to take the next big leap in modernizing the stock market and improving its performance, Kazim added.
