GIG Inaugurates Demo Trading Service on QSE- Listed Companies

March 08, 2017

The Gulf Investment Group (GIG), a brokerage firm licensed in the Qatari market, today launched a demo trading account for the shares listed on Qatar Stock Exchange. The inauguration held at the premises of Qatar Stock Exchange and was attended by H.E Sheikh Saud Bin Abdullah Mohammed Jabor Al Thani, chairman of the GIG, and Mr. Nasser Ahmed Al Shaibi, CEO of Qatar Financial Markets Authority (QFMA).

During the inauguration, Mr. Rashid Bin Ali Al-Mansoori, CEO of Qatar Stock Exchange, delivered a speech in which he praised the initiative and called upon all member brokerage firms to take advantage of the new mechanisms introduced in the market such as the liquidity provision and margin trading. These services and mechanisms are very helpful to the investors, the brokers and the listed companies and can significantly contribute to boost liquidity in the market, Al-Mansoori added.

H.E. Sheikh Saud Bin Abdullah Mohammed Jabor Al Thani, Chairman of the GIG, also delivered a speech in which he elaborated on the importance of this pilot program and praised the support given to the project from each of the QFMA and Qatar Stock Exchange. Mr. Nasser Ahmed Al Shaibi, CEO of QFMA, stressed in his speech on the importance of providing creative services to investors and the need to focus on potential investors to promote investment culture and broaden the investor base in the market.

The program provides training and simulation experience for the real trading environment in the stock exchange through allowing potential investors to open a demo trading account on the website and trade (buy/sell) without using real money.