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PSE begins its preparations to launch "trading simulation" program

2008-08-04
Palestine Securities Exchange began its preparations to launch the program of "trading simulation", which is a modern training program specialized in trading via the internet. The program that will be launched soon aims to teach young students from schools and universities in particular, and the interested persons in the stock exchange and investment operations and its tools by easy and simple way in general. The program enables all its users to execute imaginary transactions on PSE listed companies, where an imaginary portfolio will be composited through the new service site that will enable the user to sell and buy the shares on their real prices, but in an imaginary or theoretical way. The PSE CEO Ahmad Awaida said "trading simulation is considered from the important tools that the stock markets adopt in the context of their activities and programs aimed to raise awareness of investment, in addition to its contribution to investment in human capital. According to Awaida, these programs enable creating virtual simulation modules for trading in stocks and available investments tools in the stock market, adding that this model represents a tributary of the securities sector with trained cadres and energies for future work. The new service launch seeks to build a generation that is able to take investment decisions based on data and relevant information on corporations" performance and build awareness investment to deal with market in scientific methods and within the minimal risks arising from lack of expertise or bad Guidance