In its headquarters in Abu Dhabi, Abu Dhabi Securities Exchange organized a special event during which it signed an agreement with Think Financial Studies Company to launch a new virtual simulation system for the trading environment. The signing event was attended by Sheikh Jum’a Bin Majid Bin Obaid Al Maktoum, Chairman of the Board of Directors of Think Financial Studies, and His Excellency Rashid Al Baloushi, CEO of Abu Dhabi Securities Exchange, as well as a group of managers and officials from both side and a number of experts. Think Financial Studies specializes in providing integrated solutions services for local, regional and global trading.
The agreement was signed by Sheikh Jum’a Bin Majid Bin Obaid Al Maktoum, Chairman of the Group on behalf of Think Financial Studies, and Mr. Rashid Al Baloushi, CEO of Abu Dhabi Securities Exchange.
Chairman of the Group, Sheikh Jum’a Bin Majid Bin Obaid Al Maktoum, commented on this event by saying “We seek to make Think exchange for financial markets simulation” the biggest market in the region which specializes in training those who are interested in financial markets on how to do trading in the exchange as well as the other subsequent processes. The program develops the students’ abilities to invest in securities markets.
The program, which was launched today in cooperation with Abu Dhabi Securities Exchange, is an application that aims to enable the participants to experience the real investment environment without risking any real life financial loss and with the highest level of enjoyment possible. It contains a simulation of shares trading with real prices. It also enables trading during the trading timing at global exchanges.
Moreover, the program trains students practically and enables them to acquire the expertise and skills of the real market before they get involved in it in real life.
In this context, Al Baloushi said: “This step comes as a testimony to Abu Dhabi Securities Exchange’s efforts to continue playing its pioneering role in spreading the culture of investment and increase awareness among customers and those interested in financial markets. Money is a tool, and with the right training it can be used effectively. Therefore, investment in securities is considered an art and a science that has its own rules and requires a level of knowledge and practical experience which help a person wisely choose the best investment opportunities available in the exchange and succeed in increasing profitability and avoid negative situations. Abu Dhabi Securities Exchange is keen on maintaining interaction with the society and stay in line with the modern cultural strategies that the pioneering financial institutions adopt to provide the best new services and advanced, innovative solutions to the investors. Therefore, this agreement is an attempt to guide those interested in practicing trading activity to the right path through providing them with such virtual programs that simulate real life financial activity.
Mr. Fadi Mohammed Al Ghutais, CEO of Think Financial Studies, said they are very happy to cooperate and partner with Abu Dhabi Securities Exchange, and that they are looking forward toward expanding this partnership in accordance with the aspirations of Abu Dhabi Securities Exchange’s management and based on its strategy which aims to provide unique services to the customers, investors and partners. He also added that the main goal that Think Financial Studies wants to achieve through this step is to create a generation that is able to understand the changes in global economies that are happening and their impact on the national economy.
“Think Exchange for Financial Markets Simulation” is considered one of the most important educational programs in financial markets. It seeks to guide individuals and improve their potential to invest in exchanges. It also enables the participants to experience a real investment environment and get to know the different aspects of investment in exchanges without risking any real financial loss while at the same time having fun. The program also helps decrease the gap between the workplace needs and the young human resources and create a generation that is able to work and compete according to modern market mechanisms.
Furthermore, it aims to increase the level of economic and investment awareness among the trainees and develop their abilities in the trading field so that they become able to access the shares and investment markets easily and without the need to risk learning in a real life environment with real money. All this is achieved through the simulation of exchanges and financial markets. Think Exchange is a system that focuses on simplifying the concept of a financial market and the processes it contains through simulating what goes on in these markets. This is done to increase the economic and financial awareness regarding the current issues of the stock markets and the contemporary economic issues in order to qualify the trainees to enter the financial markets and start trading there.