Finance & Capital Market

Alkhabeer Capital launches GenNext brokerage platform

JEDDAH
Alkhabeer Capital launches GenNext brokerage platform

Alkhabeer Capital, the financial institution specializing in financial services and brokerage services, announced the launch of its brokerage platform, providing investors across Saudi Arabia with seamless access to local, regional, and global markets. 

The launch marks a major milestone in Alkhabeer Capital’s ongoing digital transformation and supports its long-term growth strategy.

The platform enables investors to trade across more than 34 local and global markets through a single, fully integrated account. It features high connectivity speeds and low latency through Wamid’s co-location hosting service, the technology arm of the Saudi Tadawul Group. 

This contributes to faster trade execution, improved access to real-time market data, and consistently high execution quality in line with the rapid evolution of the Kingdom’s trading environment.

The launch also builds on Alkhabeer Capital’s recent digital initiatives, including its innovative Block Trade Negotiation System developed in partnership with Awraaq Digital for institutional block trades, as well as its strategic investment in the AI-powered robo-advisory firm Sindbad.Tech, which will support the future roll-out of next-generation digital investment solutions on the platform.

Alkhabeer Capital CEO Ahmed Saud Ghouth said: “The introduction of Alkhabeer Capital’s Brokerage Platform represents an important step in enhancing how investors access and participate in capital markets in Saudi Arabia. We set out to deliver a trading experience that is fast and intuitive, while meeting the needs of today’s highly informed and digitally savvy investors.”

“By combining high connectivity speeds through our collaboration with Wamid, robust risk and governance frameworks, and a rich suite of financing and analytical tools, we are providing our clients with an institutional-grade platform at their fingertips,” he added.

Through the platform, clients can open and activate an account, making diversification across geographies and asset classes significantly more efficient. Investors can also trade all Saudi-listed equities with an integrated Shari’a purification service “Tat’heer” that facilitates monitoring and purifying income. 

They benefit from instant transfers of funds between markets in Saudi riyals, allowing them to respond quickly to opportunities in various markets.

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