The Kuwait and Middle East Financial Investment Company (KMEFIC), which pioneered electronic trading in Kuwait with the launch of Alawsat.com, has once again broken new ground with the introduction of a mobile stock trading solution that enables its customers to trade in up to seven markets in real-time, whilst they are on the move.

The solution, Alawsat Mobile for Java-enabled mobile phones, was developed by hSenid and completes KMEFIC’s comprehensive trading product suite. It was also the first mission-critical application to be launched by KMEFIC on an open source platform, resulting in considerable cost savings for the company.