Companies seek to strengthen trading places

05 May 2006

The Planning & International Co-operation Ministry has given companies until mid-May to submit technical and commercial proposals for a $3 million, 12-month, EU-funded consultancy contract to develop and install an automated trading system and trading stations at the Amman Stock Exchange.

Prequalifiers include: Germany's Deutsche Boerse Systems, with Greece's PLANET; Imathia Consultores with BME Group, both of Spain, and OFFTEC Group, local; European Profiles, with Hellenic Exchanges, Athens Exchange and Thessaloniki Stock Exchange Centre, all of Greece, and Egypt's Regional Information Technology & Software Engineering Centre (RITSEC); Sweden's OMX; and France's Atos Euronext Market Solutions, part of France's Atos Origin.

The contract also covers the development and installation of an automated surveillance system for the Jordan Securities Commission and the development and installation of the interface between the automated trading system and the securities depository centre. Work is expected to start in June (MEED 3:3:06).

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