HC Securities and Investment said its online trading service, which will be known as "E-stox Service," will be fully functional by the third quarter of this year, according to a press statement.
The move is part of the firm’s plans to diversify into the online retail brokerage segment.
Mohamed Kishk, who recently joined the company as the executive director of Online Trading Business, said, "Substantial benefits are expected to be brought to investors…flexibility in handling, benefits derived from the one-session trading, using the Market Watch screen, as well as allowing successful achievements via the internet, desktop or the Trading Mobile."