"TRADE ON": The Most Advanced Electronic Trading System in Israel for Institutional and Business Customers
Leumi Capital Markets is launching an electronic trading and information system called TRADE ON to enable institutional and business customers to perform activities directly from their office in securities and foreign currency 24/7. This is the most advanced trading system in Israel.
The system includes four components for trading in the capital market: forex, Israeli securities, foreign securities, and trading by foreign customers in the Israeli capital market via DMA (Direct Market Access).
The system, which is a one stop shop for trading and business support information, is tailored to customer needs and provides a comfortable and user friendly environment, while enabling a fast response to the dynamic capital market. The system displays real-time data in forex and securities for a variety of capital market products, and displays processed information to the customer including comparative indices (domestic and foreign), which allows the reduction in use of third-party information systems. In addition, the system allows for viewing reports and controls, viewing fee data, tax simulations, reporting to institutions and more.
As part of the launch of the TRADE ON system, Leumi Capital Markets will provide its customers a framework of professional support through dedicated TRADE ON teams, who will assist customers in implementing the new system and offer them professional training, development and ongoing support for users.
Itai Ben-Zeev, Head of the Capital Markets Division at Leumi, notes: "In recent years we have identified a clear need of business and institutional customers - who are making more and more transactions in international markets - for special tools that allow direct access to data and trading throughout the day. This is part of the development and expansion of use of electronic systems worldwide. By implementing the TRADE ON system we are providing customers with direct access to data and enabling them to execute transactions during hours that suit them while saving time".
President and CEO of Bank Leumi, Rakefet Russak-Aminoach: "The TRADE ON system is an innovative product that reflects the new world of banking. As leaders in the digital banking field - we are committed to continue developing advanced systems that enable our customers to perform their banking activities at any time and from anywhere."