As part of its efforts amid a very competitive environment in the brokerage sector and the continuous race to use the latest technologies in order to facilitate the trading process, Al Waseet Financial Business revealed its latest electronic services that meet the aspirations of its clients trading in Boursa Kuwait; “Automated Broker” service, which allows traders to automatically activate several smart orders programmed and implemented according to the parameters entered by the customer in advance, at a 100% accuracy.

This feature allows investors in Bourses Kuwait, locally or internationally, to use smart orders, by pre-setting an order to buy or sell at a specific price, so that the order is sent to the market automatically if the condition set by the customer is met.

Customers may also set the stock alerts feature in the application, which alerts the customer when the condition is met if there is an execution price, offer or request as previously sets that the customer is aware of all the operations and deals that take place at the same levels that he specified.

This latest technology, applied by Al-Waseet, provides a number of advantages that allow clients to manage their trades and control buy and sell orders through better mechanisms, greater flexibility and high efficiency, enabling them to optimally manage their financial portfolio, and avoid the trouble of accurate follow-up, while the application automatically implements all the instructions specified by the client and sends notifications of the results. This step makes it easier for investors to follow the market movement in a more comprehensive manner.

It is worth noting that the service is available to all individual and corporate investors, which means that the customer may take various decisions at any given time by automatically programming an order and execute another transaction directly.

With the qualitative leap witnessed by the stock exchange after the privatization process and attracting a record KWD 6.5 billion in foreign funds, the brokerage sector witnessed an unprecedented leap in the services it provides to investors, as large amounts of technological investment are spent annually.