2014-03-09 12:18:05 - Corners impressive 13.62 per cent of market at AED 15.99 billion
March 9, 2014
Al Ramz Securities, one of the UAE's leading financial institutions, continued to top trading at the Dubai Financial Market (DFM) and Abu Dhabi Securities Exchange (ADX) for the month of February following its strong market-leading start last month.
The brokerage firm traded at AED 10.2 billion to account for 12.22 per cent of DFM activity from January 2 to February 27, 2014 and at AED 5.79 billion or 17.04 per cent of ADX exchange for the same period. Al Ramz thus achieved an aggregate value trade of AED 15.99 to corner 13.62 per cent of the combined markets with an almost full 4 per cent gap from the second placer.
As usual, Al Ramz credited its market dominance to
the hard work of its staff, the loyalty of its clients, and the healthy investment environment created by the government.
“This year is turning out to be another productive period for Al Ramz, and we would like to take this opportunity to thank our great team of staff and administrators, brokers and analysts for keeping us on top of the market for the second consecutive month. Of course, we would also like to salute our clients who continue to make us their preferred trading platform. Ongoing government efforts to further enhance the local investment environment will definitely work to our advantage as we eye more service additions and enhancements to best cater to the needs of our clients and partners,” said H.E. Mohammad Al Mortada Al Dandashi, Partner and Managing Director, Al Ramz Securities.
Al Ramz Securities has over 150 years of combined experience in financial services. It is the first brokerage to be awarded a financial consultation and analysis license by the UAE Securities and Commodities Authority. Al Ramz has branches in Abu Dhabi, Dubai, Sharjah and Al Ain. Al Ramz is a member of the ADX and the DFM and also trades in NASDAQ Dubai where it was awarded ‘Broker of the Month’ six times in 2013 as well as in January 2014.