| Dubai Financial Market to launch online stock trading game
A total of 50 colleges and universities are participating in the 'Online Stock Game', which is organised by DFM to educate students about the intricacies of the stock market and develop their talent for investing. Students can take part in the game, and trade stocks and shares through the DFM's website during official trading hours. Every participant will have the opportunity to trade with a 'virtual' sum of up to AED 1 million. Players can then track their investments through the website and newspapers. Mubaraq Al Doosari, General Coordinator, DFM Stock Game, said: 'We are delighted to announce the launch of the fifth cycle of DFM's student stock game. The game reflects DFM's vision to interact with students and educate them about proper investing and how to build a healthy national economy.
Zacks: Brokerage Firm’s Stock Recommendations Still Prove Profitable
"On average, most of the stock recommendations by the participating brokerage firms last year could be found in the insurance, drug and computer services/software industries," says Jim Licato, Senior Editor of Zacks.com, the online unit of Zacks Investment Research. The top 13 ranked brokerages for 2006(12/31/05 to 12/31/06) are as follows… .
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Online trading 'safe for NRI investors'
MANAMA: Bahrain-based non-resident Indian (NRI) investors have been urged to "cut out the middle man" and use new online technology to manage their investments in Indian markets. At a high-profile launch, Indian firm UTI Securities Limited and its associate company in Bahrain, Indo-Gulf Financial Services Limited, explained the benefits of their new online trading site to an audience of business figures. Promoting the website www.usectrade.com as valuable means for NRIs to oversee their portfolios, investors were told the volume of stock transactions made online will soon overtake that of those conducted through a broker. "There are a lot of disadvantages in conventional trading, as far as the communication part is concerned," UTI Securities vice-president and e-brokering head Rakesh Singh told the GDN.
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