Al Ramz Securities, one of the UAE’s leading brokerage houses, has announced that it topped trading on the Dubai Financial Market (DFM) at Dh1.36 billion ($37million) in February.
This marks the second consecutive month this year that Al Ramz has ranked first in DFM trading. The firm finished a strong third on the Abu Dhabi Securities Exchange (ADX), logging Dh637.7 million ($173.64 million) in trading for the month.
All in all, Al Ramz traded a combined Dh1.99 billion at the ADX and DFM to account for 8.58 per cent of the Dh23.3 billion ($6.34 billion) traded on both markets and finish with the second highest activity for the period.
“We operate within one of the region’s most dyn-amic economies so we have been continuously enhancing our capabilities to keep pace with market movements and meet the demands of our clients. We commend our hardworking team for this latest achievement and look forward to yet another strong year ahead,” said Mohammad Al Mortada Al Dandashi, Managing Director, Al Ramz Securities.
Al Ramz is a member of the Abu Dhabi Securities Exchange, the Dubai Financial Market and Nasdaq Dubai.
It consistently ranks among the top brokerages on ADX and DFM.
The Abu Dhabi-based company provides retail and institutional services via branches in Abu Dhabi, Al Ain and Dubai. Al Ramz is the first locally-based brokerage company licensed by the Emirates Securities and Commodities Authority to provide advisory services for customers.