First National Finance Corporation has launched Maldives' first online trading platform.
The platform aims to make investing accessible for people, families and businesses and enable investing in funds and trading shares for companies listed on the Maldives Stock Exchange seamless.
The online platform offers a variety of helpful information about stocks listed on the Maldives Stock Exchange by combining data from all listed firms in partnership with the Maldives Stock Exchange.
Through the online platform, Investors can check their cash transaction histories, investor profiles indicating the securities they have traded with, and financial summaries of all listed companies.
The online trading platform is designed to be user-friendly and straightforward to use. Investors will be able to complete and submit their KYC forms and accompanying documentation online. The entire trading procedure can be completed online, from placing orders to paying for matched orders.
According to Hassan Ziyath, CEO of First National Finance Corporation, the launch of this online trading platform will provide a more user-friendly channel for securities investors by allowing access to hassle-free and streamlined, integrated operations. According to First National Finance Corporation, the online trading platform was created to alleviate the Maldives Stock Exchange's pain points and boost trade frequency.
The Investment Platform is available online at https://invest.firstnational.mv/.
First National Finance Corporation was issued "Securities Dealer" and "Investment Advisor" license by the Capital Market Development Authority (CMDA) on 29 September 2021. The company also became a Trading Member of the Maldives Stock Exchange on 5 December 2021. Furthermore, the company acquired a license to operate its first First Fund project on 28 February 2022 from the Capital Market Development Authority.