Menacorp Partners with TickerChart to deliver advanced technical analysis and trading products
Feature-rich TickerChart products will help Menacorp gain more sophisticated retail traders
UAE, 11 February 2019 – Menacorp, a leading financial services group in the Middle East and North Africa, announced that it has partnered with TickerChart to offer advanced trading products to its clients. By harnessing the advanced capabilities of feature-rich TickerChart products such as Chart Patterns Recognition, Real-time data filters, backtesting and advanced server side alerts, Menacorp will be able to explore associations with more sophisticated retail traders to drive new businesses.
Available on many platforms such as desktop, smartphone apps, tablets and iPads, TickerChart Front End products such as TickerChart Live for Windows and MAC computers, TickerChart Net, and TickerChart Smart Devices will also be offered by Menacorp to its clients. The partnership reflects Menacorp’s keenness to keep up with emerging online trading technologies and its belief in the importance of online trading.
Fathi Ben Grira, Chief Executive Officer, Menacorp, said: “The delivery of best products and services to clients has always been a priority for Menacorp. This new strategic collaboration with TickerChart will enable us to provide additional value to existing and new clients, in addition to enhancing our capabilities to approach more sophisticated retail traders. Besides, the initiative aligns with the emirate’s adoption of latest technologies to become one of the best cities in the world.
Abdelmuez Abukhalaf, General Manager of TickerChart, said: “This partnership with Menacorp marks another milestone in our business roadmap, as it is one of the largest financial firms in the UAE. TickerChart continues to focus on offering new services and advanced products to its clients to help them grow their businesses.”
Menacorp is the only UAE-based financial services firm to offer access to all UAE markets, including Dubai Financial Market (DFM), Abu Dhabi Securities Exchange, Nasdaq Dubai, and Dubai Gold and Commodities Exchange. From 2013 till first half of 2016, Menacorp has remained number one on DFM in terms of trade volume and market share. In addition, it provides one of the best online trading for international markets such as the United States, Europe, and 19 other exchanges on one platform. Clients can trade commodities with Menacorp through the latter’s Dubai Gold and Commodities Exchange license to benefit from uncorrelated asset class.
Menacorp is an award-winning financial services firm authorized and regulated by the UAE’s Securities and Commodities Authority and the Dubai Financial Services Authority. Its extensive expertise covers financial advisory, brokerage, asset management and financial research provided across the Middle East and North Africa (MENA) region. Menacorp is backed by one of the largest and most diversified Emirati conglomerates, the Bin Hamoodah Group – the company’s main shareholder.