Dubai Financial Market (DFM) today launched its all-inclusive “DFM Smart Services App”, as the most recent step to strengthen its leading position in terms of digital transformation and as part of its “Smart Borse” Strategy that has delivered numerous smart and innovative services for various market participants including investors, brokerage firms and issuers.
The new application combines features of both DFM App and DFM Services App. It has been substantially upgraded to include the features of both apps as well as new advanced features in a innovative design, enabling users to easily track their investments and get their service requests accomplished through one application.
New features of the app include: centralized Watch List, real-time stock price indicators, real-time market data alerts, technical analysis, fundamental analysis ratios and company disclosures. Moreover, users can track their transactions, cash dividend statements, set iVESTOR Card controls, and submit and track investor service requests to DFM.
His Excellency Essa Kazim, Chairman of the DFM, said, “The new all-encompassing application further strengthens DFM’s leading position at the forefront of regional exchanges providing smart services through various innovative channels to better serve the requirements of market participants. Since it was inaugurated in the year 2000, DFM has always been devoted to providing market participants’ with smart and innovative platforms that caters to the requirements of its large and diversified investor base of more than 845,000 investors. Our efforts in this field are inspired by the vision of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai that emphasizes providing the highest quality of service to our clients through smart channels. This vision is the steppingstone of our Smart Borse Strategy implemented over the past years in oder to make DFM services at te fingertip of investors anytime and anywhere.”
“The DFM Smart Borse Strategy has proven its effectiveness, a fact that became more obvious during the past few weeks, as the DFM has provided all of its services through smart and electronic platforms and shifted to remote work mid March 2020. Our electronic platforms and smart phone apps are increasingly attracting new users and currently include 120,000 users,” H.E. Essa Kazim added.
Key features of the new app:
- Centralized DFM Watch List (synchronized with DFM Website Watch List)
- Set customized real-time market data alerts
- Real-time stock prices
- Track disclosures by company symbol
- Top Stocks – track most active companies by volume and value
- Track Direct Deals
- Technical analysis by DFM General Index and company symbol
Ratios for fundamental analysis of the companies, such as P/E, Dividend Yield, Earning Yield