Technology
In the area of information technology, the Market finalized the procedures with regard to the replacement of the present trading system, which has been operating since 1998, with a more efficient system from Atos Euronext France, which is a very sophisticated system used in many developed markets. The new system ensures provision of the data and information immediately for the supervisory authorities, to enable them activating the regulatory role in trading. The new system broadcasts the trading data immediately to all users and enables the market to add many investment instruments in the future and to make an easy link with the other stock markets in the GCC and other countries. The new system is also expected to make the information dissemination more efficient.
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Famous quotes containing the word technology:
“If we had a reliable way to label our toys good and bad, it would be easy to regulate technology wisely. But we can rarely see far enough ahead to know which road leads to damnation. Whoever concerns himself with big technology, either to push it forward or to stop it, is gambling in human lives.”
—Freeman Dyson (b. 1923)
“If the technology cannot shoulder the entire burden of strategic change, it nevertheless can set into motion a series of dynamics that present an important challenge to imperative control and the industrial division of labor. The more blurred the distinction between what workers know and what managers know, the more fragile and pointless any traditional relationships of domination and subordination between them will become.”
—Shoshana Zuboff (b. 1951)
“Technology is not an image of the world but a way of operating on reality. The nihilism of technology lies not only in the fact that it is the most perfect expression of the will to power ... but also in the fact that it lacks meaning.”
—Octavio Paz (b. 1914)