Built for Oman: the Muscat Stock Exchange on one front-to-back platform
Market access at home and across the region, compliance and capital adequacy reporting for firms regulated by Oman's Financial Services Authority.
In short
ZagTrader gives Omani banks, brokers and asset managers one front-to-back platform for the Muscat Stock Exchange (MSX): FIX order routing and native market data, cross-border trading through Tabadul Hub, compliance and reporting for firms under Oman's Financial Services Authority (FSA), and capital adequacy reporting with an Oman template. Oman Investment Bank partnered with ZagTrader to power its institutional trading infrastructure.
- Exchange
- Muscat Stock Exchange (MSX), connected to Tabadul Hub
- Regulator clients operate under
- Financial Services Authority (FSA)
- Client
- Oman Investment Bank, partnership announced in 2025
What Omani institutions ask first
Local and regional access, institutional trading, FSA controls and capital adequacy.
MSX connectivity and data
FIX order routing set up for the Muscat Stock Exchange's requirements, with a native market data feed.
See MSX accessCross-border through Tabadul Hub
MSX is connected to Tabadul Hub, which runs end to end on ZagTrader technology, so investors reach ADX and other regional markets through one access point.
See how Tabadul worksInstitutional trading for banks
Oman Investment Bank streamlines order execution across local and international markets on ZagTrader's institutional trading infrastructure.
Read the announcementCapital adequacy, Oman template
Map your chart of accounts to the regulator's line items with an Oman template, drill-down and Excel and PDF exports.
See finance and accountingFSA-aligned controls
KYC and AML, suitability, surveillance, restricted lists and maker-checker tuned to the FSA, with filings in its formats.
See risk and complianceShariah-compliant products
Tawarruq margin financing, sukuk trading and sukuk repo on the same OMS and ledger as conventional products.
See Islamic financeWhat ZagTrader runs in Oman
The exchange links, regional access and controls, in plain language.
| Capability | What you get |
|---|---|
| Market structure | The Muscat Stock Exchange trades under FSA supervision, with clearing and depository at Muscat Clearing & Depository. Post-trade runs on the same platform as trading. |
| Order routing | FIX connectivity to the Muscat Stock Exchange from the OMS, with buying power, limits and restricted lists checked before every order. |
| Market data | Native MSX market data feed, streamed live to trading screens, mobile apps and client APIs. |
| Cross-border trading | Tabadul Hub, launched by ADX, connects MSX with other regional exchanges and runs end to end on ZagTrader technology: onboarding, trading, routing, risk and post-trade. |
| Global markets | ZagFN reaches 1,100+ brokers, banks and venues worldwide, including through Bloomberg EMSX, from the same platform. |
| Compliance and reporting | KYC/AML, suitability, surveillance, restricted lists and maker-checker controls, with filings, client statements and extracts in the regulator's formats. |
| Capital adequacy | Capital adequacy reports mapped from your own chart of accounts, with an Oman template, drill-down and Excel and PDF exports. |
| Shariah-compliant products | Tawarruq margin financing, sukuk trading with profit distribution, and sukuk repo, next to conventional products on one OMS and ledger. |
| Client channels | White-label web and mobile apps in Arabic, right to left, and English, with statements in Arabic and English. |
Frequently asked questions
Does ZagTrader connect to the Muscat Stock Exchange?
Yes. The platform routes orders to MSX over FIX and reads its native market data, and MSX is also reachable through Tabadul Hub, which runs on ZagTrader technology.
Can our clients trade other GCC markets from Oman?
Yes. Through Tabadul Hub, investors reach connected regional exchanges such as ADX through one access point, and ZagFN adds global brokers and venues on the same platform.
Does ZagTrader produce capital adequacy reports for Oman?
Yes. Capital adequacy reports are mapped from your own chart of accounts, with an Oman template, drill-down, and Excel and PDF exports.
Do clients operate under Oman's Financial Services Authority?
Yes. ZagTrader clients run trading, back office, compliance and regulatory reporting under the FSA, with controls tuned to its rules.
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