Doha, 13 November 2011 – QNB Financial Services (QNB FS) is launching a limited period campaign providing all new individual clients that open accounts between November 13 and November 26 with one month of free trading in the Qatar Exchange, commencing on December 1st. During this month of free trading, QNB FS will reimburse its brokerage commission and clients will be responsible for paying the Qatar Exchange fee of 5.5 basis points or 0.055% on their total traded value. Commission will be reimbursed after the 1 month free trading promotion. The cap on daily trading during this campaign is QR 1 million.
In addition, clients who open an account during this campaign period, starting on November 13 and ending on November 26, 2011, will have their names entered into a draw where 5 individual clients will win QR10,000,000 worth of free trading for three months commencing on January 8th. All fees including the Qatar Exchange fee will be reimbursed into the accounts of the 5 winners at the end of each month until the QR10,000,000 is reached. This promotion is exclusively for trades in the Qatar Exchange.
This promotional campaign comes in line with QNB FS’s new awareness campaign introducing its electronic brokerage platform. This online trading platform allows investors to access real-time quotes, market commentaries, and stocks trading in the Qatar, UAE, and Oman exchanges. This multi-market, multi-currency platform combines an efficient, stream-lined trading experience with QNB FS’ research, market insight, and analysis. Customers can access and trade these markets from anywhere in the world.
To demonstrate the power of the new platform, QNB FS is hosting informational kiosks at the Qatar Exchange, Villaggio Mall and City Centre from November 13 to November 26. The Kiosks will feature live demonstrations on the new platform that will be presented by a dedicated team.