HC Brokerage Penetrates the Retail Sector through its Online Trading Service

October 25th, 2009 – As part of HC Brokerage’s (HCB) expansion plan into the retail market segment, the company was recently granted the Online Trading License and Mr. Mohammed Kish, who recently joined HCB, will act the Executive Director for this newly added service.

Mr. Kishk previously held several leading positions including the post of Regional Director at Mubasher Company, a Board Member of the Direct Broker Company and a Board Member of Stock Net Egypt. He played a major role in establishing Mubasher’s Online Trading System and was active in the establishment of new branches in Dubai, Abu Dhabi, Egypt, Libya and Morocco. He has over 25 years of experience in Information Technology and E-Trading.

Mr. Shawkat El-Maraghy, Managing Director of HC Brokerage added that “The addition of Online Trading service to HC’s array of services comes in line with HC’s previously announced strategy to diversify and expand into the retail segment.” He also added that the Online Trading has many benefits that include same day trading, and instant execution through the Market Watch screen which can easily be accessed through the Web, Desktop or Mobile Trading. The service is expected to start operation in the second quarter of 2010.

It is worth mentioning that HCB offers its clients extensive research covering technical and fundamental analysis for most active companies traded on the Egyptian Stock Exchange; thus, enabling investors to take sound investment decisions based on an accurate analysis of the market. In addition, a Call Centre will provide all the support and information needed by HCB clients.

HCB has over ten years of experience in the Egyptian Market and has rapidly developed into one of the top ten brokerage firms in Egypt. HCB provides its services to a wide client base of corporate institutions and High Net-Worth Individuals in the MENA region, Europe and the USA.