The Group, a leading brokerage company in Qatar and Qatar National Broadband Network (Qnbn) have signed a contract to set up a private fiber optic network to connect four sites including Qatar Stock Exchange, a report said.

The contract is aimed to achieve standard levels of data security and for ensuring data flow speed, reported The Peninsula.

Qnbn will design, implement and manage the fiber optic cables and related passive telecom of the Group in order to provide a fast and secure network to ensure the continuity of data and updated stock information to all the interested.

The Group chairman Hamad bin Khalaf Al Moudadi stated ‘private network’ will provide standard and high level of data security and ensure continuous data flow with unlimited capacity including Qatar Stock Exchange and The Group Data Centers.

It will enable The Group achieve highest trading levels in real time and at all times, the report said.