Dubai - Mubasher: The Dubai Financial Market (DFM) on Tuesday announced it will showcase a number of new smart services at GITEX 2019, the information technology week to be held from 6 to 10 October 2019 at the Dubai World Trade Centre.
This move will promote the DFM’s latest solutions and applications that allow market participants including investors, listed companies, brokerage firms, and others absolute access to their investment portfolios and market services any time anywhere, according to a press release.
The DFM, which now has around 114,000 registered users on its smartphone and electronic services apps, is taking part in the GITEX 2019 within the Dubai Smart Government’s pavilion.
Essa Kazim, Chairman of DFM said: “As part of its "Smart Bourse" strategy, the DFM has successfully developed an all-inclusive range of innovative solutions that reinforced its leading position amongst regional exchanges in terms of innovation and employing most advanced technologies to provide its services through multiple channels in line with participants requirements and we believe that GITEX provides us with an ideal opportunity to showcase these solutions and fortify links with market participants.”
“The DFM smart services include for example; the first of its kind platform amongst international markets for cash dividend distribution, the smart services applications, the AGM solutions and eVoting via Block Chain technology, the data dissemination and market watch application and the DFM Company IR application. We are pressing ahead with our efforts in this regard to further strengthen the leading position of DFM amongst the most innovative markets in the region and beyond,” he added.
The DFM plans to showcase the latest developments of its comprehensive platform for cash dividend distribution that has been upgraded via the launch of “myAccount” service.
Through myAccount, investors are able to easily transfer dividends amounts to their iVESTOR Card accounts and bank accounts and to pay for initial public offerings (IPOs) and Right Issues subscription.
During GITEX 2019, the exchange will present its comprehensive application for using its debit card ‘iVESTOR’ effectively, providing a higher level of flexibility and security for customers when they control their card transactions.
The stock market will also display the features and benefits of its applications for smart services for investors, the market watch application, and the eServices electronic webpage at the event.
