Al Ramz Securities, one of the UAE’s leading brokerage houses, has been named the recipient of NASDAQ Dubai’s inaugural Retail Broker of the Month Award. Al Ramz was honored for handling 75 per cent of the total retail trade done by NASDAQ members for July 2012.
A congratulatory message was displayed at the NASDAQTower in New York, USA, highlighting the achievement of Al Ramz in full view of the global securities industry. Aside from NASDAQ Dubai, Al Ramz is also a member of the Abu Dhabi Securities Exchange (ADX) and the Dubai Financial Market (DFM). Since market inception, Al Ramz has been consistently ranked among UAE's top brokers.
“This is truly a proud moment for Al Ramz. To be honored in such a way by the second-largest stock exchange by market capitalization in the world reflects the success of our ongoing efforts to enhance our manpower, streamline our processes, boost our qualifications and reinforce our customer services. We commend our hard-working team for the exceptional effort they did to accommodate retail trades for July. This is turning out to be another banner period for Al Ramz as we capitalize on brighter market prospects moving towards the last few months of 2012,” said Mohammad Al Mortada Al Dandashi, Partner & Managing Director, Al Ramz Securities.
Al Ramz Securities is the first locally-based brokerage company licensed by the Emirates Securities and Commodities Authority (ESCA) to provide advisory services for customers. The Abu Dhabi-based company provides retail and institutional services via branches in Abu Dhabi, Al Ain and Dubai. Al Ramz was recently authorized by ESCA to provide brokerage services outside UAE.