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NASDAQ Dubai, a subsidiary of Shuaa Capital, a brokerage and securities trading group, announced today the listing of the most active NASDAQ Dubai brokerage firms in 2018.
Al-Mithammala Securities Company was able to consolidate its brokerage position in the futures sector during the current year period by acquiring 32.5% of the trading value and 44.5% volume of transactions, excluding market activity. From August to October 2018, these shares rose to 63% in value and 79% in volume.
Mr Mustafa Kharibah, chairman of the board of directors of Integrated Securities, yesterday opened the market opening bell to celebrate the company's leading position, becoming the most active broker on the NASDAQ Dubai Futures Market.
Mustafa Al Khuraibah, president of Integrated Securities Company, said: "IMC is pleased to be an outlet for investors in NASDAQ's expanding stock derivatives market Dubai, which in turn provides unique tools. to reach the capital markets of the region. "
"We will work on strengthening our collaboration with the company as we add new types of contracts to the market, including futures, equity option contracts and indices in the United Arab Emirates, in the United States. GCC countries and in the wider region, "said Hamed Ali, CEO of NASDAQ Dubai. Ayman Hamed, Chief Executive Officer of Integrated Securities, said:
"We successfully support the trading of our clients as well as the stock market indices, through both short and long-term strategies, thereby leveraging our vision and potential." The increase in value reflects 63% of value of our services. "
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