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ROR offers trading for DP World IPO
Daily News Egypt Published in Daily News Egypt on 30 - 11 - 2007


DUBAI: Reuters has announced that the DP World stocks listed on Dubai International Financial Exchange (DIFX) can be traded over the Reuters Order Routing (ROR) network. DP World listed on DIFX on Monday, allowing investors to access 20 percent of the company valued at $21.6 billion. Reuters Order Routing offers a user-friendly trading solution that quickly links Reuters growing global community of institutions, broker-dealers and execution venues via an open and neutral order routing hub. It is a global network of around 250 brokers servicing international buy-side community. The DIFX transactions can be executed with broker-members of the market - such as Deutsche Bank. The Reuters solution supports all widely used versions of the FIX messaging protocol, a technical specification for electronic communication of trade-related messages. It enables clients to send orders over Reuters Order Routing from within the Reuters Information Desktop (Reuters 3000Xtra) or via other third party order management systems (OMS) certified with the service. Jean-Marc Paufique, Reuters managing director for the Middle East and Africa, said, "The Dubai Ports World IPO is a major listing for the DIFX and a business opportunity for the global investment community. Reuters users will be able to benefit from the secure and robust Reuters Order Routing network to access the Dubai International Financial Exchange for this important listing.

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