ID :
55589
Wed, 04/15/2009 - 13:45
Auther :
Shortlink :
https://oananews.org//node/55589
The shortlink copeid
Dubai Financial Market launches E-calculator service for fees assessment
Abu Dhabi, April 15, 2009 (WAM) - Dubai Financial Market (DFM) launched yesterday the E-calculator service, a new tool that allows investors and public joint stock companies to calculate different fees of administrative transactions through DFM's website.
The launch of this innovative tool is a major step towards shifting Clearing, Settlement and Depository Division services into an electronic environment. Moreover, the new service will improve the effectiveness and speed of transaction execution and will save much of the customers and division's workforce time and effort as well.
The E-calculator Fees service features a set of options, it can be used to calculate investor's fees such as pledges of securities and transfer amongst accounts. Moreover , this new tool will enable listed companies to calculate fees for different services such as sending statements of accounts, sending SMS messages, electronic storage of reports, printing securities register, and electronic storage of the securities register.
The launch of this innovative tool is a major step towards shifting Clearing, Settlement and Depository Division services into an electronic environment. Moreover, the new service will improve the effectiveness and speed of transaction execution and will save much of the customers and division's workforce time and effort as well.
The E-calculator Fees service features a set of options, it can be used to calculate investor's fees such as pledges of securities and transfer amongst accounts. Moreover , this new tool will enable listed companies to calculate fees for different services such as sending statements of accounts, sending SMS messages, electronic storage of reports, printing securities register, and electronic storage of the securities register.
