The DFM reported on Sunday that its Smart Phone Application, available for both iOS and Android, has been downloaded more than 18,000 times over the past eight months since the soft launch of the application during Gitex 2013. The application attracted 112,00 users on Apple’s operating system, compared to 6,849 users on Android, with 86.5 per cent of them UAE-based followed by users in Saudi Arabia, Egypt, Jordan and Oman. Through the application, DFM investors can track trading activity of listed companies, the DFM General Index, and company disclosures as well as market news. Users can also set up price change alerts and customise the ‘market watch’ page as they choose.
Eisa Kazim, Chairman of DFM, said: “Since its inception, DFM has always been committed to provide smart, innovative and technologically advanced services and make these services available through smart gadgets in line with the government’s various initiatives, including making our services available through smart phone applications. Statistics show that the UAE has one of the highest smart phone penetration rates globally at 74 per cent in addition to the high number of smart phone users compared to internet users through house or office networks.”