AlKhair Capital finalizing new online brokerage system: official

AlKhair Capital is currently exploring the development of new products for investors, Rayyan Al-Khowaiter Head of Business Development told Argaam in an exclusive interview on the sidelines of Euromoney Conference 2019.

He added that the company is finalizing a new online brokerage system.

"AlKhair Capital is focusing on developing various online systems to help investors capitalize on fast trading systems," Al-Khowaiter said.

AlKhair is also studying other state-of-the-art FinTech-supported programs, such as crowdfunding platforms and Robo-advisor.

Elsewhere, Al-Khowaiter said the Saudi market’s upgrade to the emerging markets status gives a strong push not only to fresh institutional liquidity, but also to the emergence of new experts.

This will enrich the local research market and get the stocks fairly-priced - a move that will in turn strengthen the stock market, he concluded.