8:55 am - Wednesday January 17, 2018

DirectFN appoints Magnus Corporation as its Distributor in Bangladesh

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MAGNUS CORPORATION LTD, Dhaka, Bangladesh and D FN Technology (Pvt.) Limited, Srilanka has signed a Distributors Agreement today. The Agreement Signing Ceremony was attended byImtiaz Ahmed (Chairman), Sakib Ahmed(Director), Arman A. Khan (Director) of Magnus Corporation and ArjunaNanayakkara (General Manager), Jayalal Kahandawa (Head of Delivery and Engineering), Primal Silva (Business Development Manager Asia), Reza Shah (Headof SBU), Chandrika Kumara (Architect Total Brokerage Solution) of Direct FN Technology. Direct FN is the leading trading solution provider in KSA and a major player in the MENA region. The agreement hopes to attract clients in the form of Brokerage House and individual investors looking for a platform to access and invest freely in the stock exchange.

The partnership opens up the stock market to evolve itself into producing better understandable interface for its users and also notify live updates for the market easily into the reach of the investors both current and future using user friendly mobile application. The agreement aims to provide brokerage houses with the opportunity to operate in both stock markets Dhaka Stock Exchange (DSE) and Chittagong Stock Market (CSE) at onceusing a single platform, thereby eliminating the hassle of short selling.Dealer and Retail trading applications with latest cutting edge technology and also optimize the purchase and market change statistics updates, making deals go faster and smoother.

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