UMEX Trader has been developed in conjunction with leading financial technology providers Infront and Ullink. The platform has advanced algorithms and cutting edge technology, this powerful tool will enable clients to trade a wide range of investment products via a user-friendly interface within a secure environment. The interface provides the user with real-time quotations and the ability to immediately execute “Ummah Wahida” trades.
The platform also includes the ability for clients to search and filter by region and then by individual markets, making it simple to find and trade the desired investment. In addition, customized ‘watch lists’ of securities can be created by the user to monitor price movements for composite lists of shares from multiple markets to help them make informed decisions before they trade:
The Online Trader platform is flexible enough to adapt to the needs of the ethical and faith-based investment community in a relatively short period of time.
It offers seamless integration of news, research and financial data on a global range of securities, streamed directly to you in real-time. Enabling you to execute orders, view trades, portfolios and limits in a secure environment.
A demonstration version of UMEX Trader is available to download on a free trial basis click here
1. Ethical and Multi-faith investments
A list of harmful activities, that companies undertake and which would preclude any trading act, is set out below:
» gambling, betting, lottery
» the production or sale of pork products;
» the production or sale of intoxicating liquor;
» adult oriented, dubious, immoral and illicit trades (prostitution, drugs).
» non-religiously structured banking, finance, investment or life insurance business, or any other interest-related activity
» arms manufacturing; and
» sectors / companies significantly affected by the above.2. Screening 40,000 plus stocks3. Cleansing of cash dividends4. Supervised by Sharia board 5. Time-saving efficiency from one system that delivers: • Share - commodity and FOREX price Information • Research • Create your own composite portfolio lists aggregating stocks from different markets and MTFs • Global market coverage including MTFs • Smart Order Routing • Affordable costing and pay as you go system with no yearly contracts etc.
Who will benefit• Broker/dealers• Fund managers• Family offices• Brokerage• Treasury• Asset Managers• Pension Fund Managers• Wealth Managers