NCB Capital, the investment banking arm of National Commercial Bank, Saudi Arabia's largest bank, has upgraded its free online trading platform Tadawul Basic to provide investors with a range of user-friendly new features including expanded analytic and trading tools. NCB Capital was the first provider in the Kingdom to introduce free online trading. Today, its brokerage business has the largest number of clients and in the last year executed nearly 12 million trades, averaging over 1million trades per month. The new features to Tadawul Basic include: • Trade Summary - this report will help clients to view realized profits & losses occurred in a certain time period (30 days) within the previous six months. • Advanced Calculator - this feature will enable the client to view the portfolio holdings, pending orders, commission, and the profit percentage. All of these will be displayed in one window. • Basket Order - eases the selling and purchase of more than one stock by sending multiple orders at press of a button. • Additional reporting functionality - new pie charts demonstrating the portfolio assets and a monthly e-statement that allows the client to view all the transactions made in the portfolio account. Additional data show portfolio holdings, pending orders, commission, and profit percentage.
