Union Coop’s Electronic Share Trading Platform Experiences Early Success

BENOI NAIR|July 11, 2019

Prepared by: Benoi Nair

 

Photographer: Source

 

Dubai, UAE:

 

Union Coop, the largest Consumer Cooperative in the UAE announced the success of its electronic share-trading platform, as the demand for the purchase of its shares soared significantly, exceeding the supply numbers of shares

Union Coop confirmed, “This initial success confirms the dynamic performance and trustworthiness of the electronic trading platform, which resulted from the increase of shareholder trust and confidence. This platform helped increase the confidence of the shareholders by eliminating fictitious trade that was performed by a segment of brokers/intermediaries, thereby giving the control solely to the shareholders.”

 

 

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2 thoughts on “Union Coop’s Electronic Share Trading Platform Experiences Early Success

  1. Dear all,

    1. How do I fund the account electronically to buy shares?
    2. Can I use my credit card to buy shares?

    1. Hello Amal,
      You have only three methods to fund your trading account
      1- bank transfer
      2- by cheque.
      3- direct cash deposit.
      Trading is only allowed for UAE citizens.

      Thanks for contacting us



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