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Kurdistan’s Erbil Stock Exchange comes to life with new dynamic displays
May 6, 2015
ERBIL-Hewler, Kurdistan region ‘Iraq’,— Erbil Stock Exchange (ESX) installed a full-color video wall and stock ticker to offer a transparent environment for securities trading.
Serving as a financial hub in the Kurdistan region of Iraq, the ESX required dynamic display solutions to encourage transparency in financial data dissemination
ESX selected Wavetec, a global financial market display solutions specialist known for its expertise in giving LED-driven makeovers to 25 global financial institutions.
The ESX business model was designed to create a sustainable trading platform to procure revenue streams from several markets and issue securities. To set up its own trading platform, ESX needed reliable, real-time displays from Wavetec that could be managed independently.
According to Wavetec, the company delivered complete tailormade end-to-end solutions to ESX to include a full-color LED ticker, and a full-color LED display wall at the exchange’s main trading hall. A full-color double-line LED ticker was installed at the main entrance reception. All the displays are integrated with ESX’s data center using Kettle — Wavetec’s live feed integration data tool.
The LED ticker displays company logos and real-time news and stock market data in English and Arabic. The ticker can also be used to run special announcements by ESX in real-time from a central location. The LED walls are customizable and can be used for different templates according to ESX’s requirements. Donatello, Wavetec’s proprietary media player, allows the exchange to schedule and manage content efficiently at any time of the day, the Dubai-based company said.
The inception of the first stock exchange in Iraq’s autonomous Kurdistan Region came as great news amidst an economic boom in the Kurdistan region. Inevitably, a stock exchange is a harbinger of economic growth, as it propels investments and provides a conducive environment for business trading; the Erbil Stock Exchange was thus designed and rightly established to position Kurdistan as a gateway to investments in Iraq.
Erbil Stock Exchange was a private sector led project that was possible due to strong commitment and support from Kurdistan Regional Government. With an initial capitalization decided to be over US $8m million, and 56 shareholders from renowned financial institutions, companies, Chamber of Commerce, and Ministry of Finance, there were high hopes from the modern trading platform.
ESX is dedicated to offering a transparent and efficient environment for trading securities to serve its investors, safeguard their investments, and materialize a paradigm shift in the culture of investments in financial industry. It hence required dynamic display solutions to present itself at the forefront of Erbil’s financial industry from the onset and encourage transparency in financial data dissemination.
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May 6, 2015
ERBIL-Hewler, Kurdistan region ‘Iraq’,— Erbil Stock Exchange (ESX) installed a full-color video wall and stock ticker to offer a transparent environment for securities trading.
Serving as a financial hub in the Kurdistan region of Iraq, the ESX required dynamic display solutions to encourage transparency in financial data dissemination
ESX selected Wavetec, a global financial market display solutions specialist known for its expertise in giving LED-driven makeovers to 25 global financial institutions.
The ESX business model was designed to create a sustainable trading platform to procure revenue streams from several markets and issue securities. To set up its own trading platform, ESX needed reliable, real-time displays from Wavetec that could be managed independently.
According to Wavetec, the company delivered complete tailormade end-to-end solutions to ESX to include a full-color LED ticker, and a full-color LED display wall at the exchange’s main trading hall. A full-color double-line LED ticker was installed at the main entrance reception. All the displays are integrated with ESX’s data center using Kettle — Wavetec’s live feed integration data tool.
The LED ticker displays company logos and real-time news and stock market data in English and Arabic. The ticker can also be used to run special announcements by ESX in real-time from a central location. The LED walls are customizable and can be used for different templates according to ESX’s requirements. Donatello, Wavetec’s proprietary media player, allows the exchange to schedule and manage content efficiently at any time of the day, the Dubai-based company said.
The inception of the first stock exchange in Iraq’s autonomous Kurdistan Region came as great news amidst an economic boom in the Kurdistan region. Inevitably, a stock exchange is a harbinger of economic growth, as it propels investments and provides a conducive environment for business trading; the Erbil Stock Exchange was thus designed and rightly established to position Kurdistan as a gateway to investments in Iraq.
Erbil Stock Exchange was a private sector led project that was possible due to strong commitment and support from Kurdistan Regional Government. With an initial capitalization decided to be over US $8m million, and 56 shareholders from renowned financial institutions, companies, Chamber of Commerce, and Ministry of Finance, there were high hopes from the modern trading platform.
ESX is dedicated to offering a transparent and efficient environment for trading securities to serve its investors, safeguard their investments, and materialize a paradigm shift in the culture of investments in financial industry. It hence required dynamic display solutions to present itself at the forefront of Erbil’s financial industry from the onset and encourage transparency in financial data dissemination.
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