Growth year marked by consistent monthly trade leadership, Direct Market Access authorization
February 4, 2014
Al Ramz Securities, one of the UAE's leading brokerage houses, maintained its strong industry position in 2013 by leveraging its over 15 years of innovation and excellence in the financial markets and its strategic adoption of technology to deliver premium services to clients.
The brokerage started off strong last year by emerging as the UAE’s top broker for January 2013, posting a market-value trade of AED 2.17 billion representing 8.25 per cent of national securities exchange for the month. Al Ramz proceeded to notch its fourth consecutive monthly market leadership in April, cornering a solid 9.86 per cent of national brokering. It ended with an annual average market share of 8.92 per cent – a solid 28 per cent growth from 2012.
Al Ramz was also honored as Retail Broker of the Month by NASDAQ Dubai for five times throughout the year. Another highlight of 2013 was the Dubai Financial Market’s granting of Direct Market Access (DMA) authorization to Al Ramz, enabling professional and international investors to trade directly with DFM-listed companies through the Al Ramz web portal.
“Given the very competitive markets we operate in, we take great pride in consistently posting leading figures and keeping our preferred-brokerage status. There are many major market drivers such as anticipation over World Expo 2020 which will provide us with even more opportunities to preserve our leadership and bringing cutting-edge services to our valued clients. We are confident that 2014 will be as productive – more, even – than last year and are laying the groundwork for our sustained success,” said H.E. Mohammad Al Murtada Al Dandashi, Partner & Managing Director, Al Ramz Securities.
Mindful of its impact on the community, Al Ramz also went beyond its business borders in 2013 to engage in socially meaningful activities such as a blood donation campaign organized in partnership with the Abu Dhabi Blood Bank, Khidmah, and occupants of the Sky Tower @ Reem Island which drew a huge donor turnout.
Moving forward in 2014, Al Ramz Securities aims to remain among the best-performing members of the Abu Dhabi Securities Exchange (ADX), the Dubai Financial Market, and NASDAQ Dubai.