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2007-07-10
Agreements to Broadcast Trading Information via Text Messaging for PSE
In the Palestine Security Exchange (PSE) policy to spread information around the world, Dr. Hassan Abulibdeh , head of the Administration Board; Executive President of PSE, signed an agreement to spread trading information’s of the market through the short cell phone messaging system (SMS).This will be with a range of Palestinian technology companies and media institutions. According to this agreement The PSE will provide information on daily trades in the Palestinian Stock Market, the size of each company, currency trades, and the best bidding and selling offers. With this joint service it will also be enabled to determine its own alerts through a special signal service which sends messages to subscribers when any of the conditions requested are achieved during the trading sessions. Examples of the alerts that will be sent are specific share prices, trading of a certain amount on a company, and instantaneous information to the investor to assist in the investment decision taken during trading sessions. Companies and media organizations will work on sending daily trading information to investors who are taking part in this service through a computerized system. This information will be sent to a cell phone as a short text message. Dr.Abulibdeh described this agreement to SMS information to subscribed investors as one of the most important agreements signed. He notified that 5 companies already subscribed to this service with the PSE. This is in collaboration with JAWWAL Communications, Israa’ Computer Programming, Super link Telecommunications Company, Maan Media and The Mobis Company.Dr.Abulibdeh stated that the PSE’s goal is to provide the latest technological techniques for investors in order to facilitate information access and complete deals with the utmost speed, assuring the markets policy is to always be up to date in sending this info in Palestine and internationally.
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