EFG Hermes, an investment bank, has introduced Mobile Trading application allowing Omanese investors to manage their portfolio through mobile phone. The application also allows clients to place and track orders through mobile.

EFG Hermes Securities Brokerage claimed that, via its subsidiary Vision Securities, is the first brokerage house to introduce mobile trading to the Omani market. The service is also operational in Egypt and Kuwait, and the firm is planning to introduce it in other markets as well.

Sherif Cararah, managing director of securities brokerage at EFG Hermes, said: “Mobile Trading complements our existing range of offerings, giving our clients a comprehensive selection of services as the leading broker in Arab markets.”

Alaa El-Din Moustafa, general manager of Vision Securities, said: “This service, which saves our clients money while making brokerage more accessible, is a great example of our commitment to customer satisfaction.”