Dubai PR Network, Online Press Release from Dubai and Middle East
Banking & Insurance(Banking & Investments)
Filter PR by
ADX Grants Al Ramz Short Term Margin Trading License and Opens New Investment Opportunities

In Alignment with the Application of its Business Development Strategy, Abu Dhabi Securities Exchange (ADX) Grants Al Ramz Short Term Margin Trading License and Opens New Investment Opportunities


Abu Dhabi, 22nd April 2020:   Abu Dhabi Securities Exchange (ADX), granted Al Ramz PJSC, a leading financial institution in the UAE, short-term margin license thus becoming one of the first financial institutions in the UAE to offer this offering to its customers. 

The granting of the short-term margin license to Al Ramz clearly demonstrates ADX’s commitment to develop business growth opportunities.  In its role as a leading regional Exchange, ADX is keen to enhance its ongoing constructive working relationships with the leading regional financial institutions in support of the guiding principles of its triple-pillared “Shape the 20s” strategy: being responsive, transformative and innovative.  Responsive refers to constantly enhancing customer engagement; transformative to facilitating investments that sustain long-term sustainable business development; and innovative is about achieving the most efficient ways to reach new levels of customers’ satisfaction.  The trading license granted to Al Ramz shows ADX’s commitment to reach its objectives with the efficiency its expertise commands.

H.E. Khalifa Al Mansouri, Chief Executive of Abu Dhabi Securities Exchange Company (ADX), said: “By granting short-term margin licenses to active investment companies in the region, ADX provides its business partners with the opportunity to enlarge the spectrum of investment offering proposed to their clients.  Such initiatives maintain and reinforce ADX’s competitive edge as the licenses will create long-term value to stakeholders while upholding the highest standards of services”. 

H.E. Al Mansouri added: “We recognize the challenging times the markets are currently facing.  To address investors’ concerns, answer their immediate needs and provide the highest support, ADX is introducing new products and services in support of the stimulus measures unveiled by the government to cushion the economic impact of the transition period we are experiencing”. 

Mohammad Al Mortada Al Dandashi, Managing Director of Al Ramz PJSC, said: “We are delighted to expand our collaboration with ADX and extend our investment offering to our customers.  This achievement is a testament to our continued commitment to provide the highest standards of services by expanding our offering and enabling our customers to fulfill their investment objectives.”

Mr. Al Dandashi added: “this license allows Al Ramz to provide high leverage, up to five times the initial placed margin amount, to its customers to buy ADX listed securities for a specific short period”.

The initiatives advance ADX’s status as one of the most active Exchange in the MENA region. They reflect its highest standards of practice in financial services and consolidate its product and service offerings in alignment with those of key international Exchanges. ADX demonstrates that the Exchange is keen to open investment opportunities that enhance the market attractiveness and support its forward-looking vision. Recent internationally world-class performances exemplify ADX’s constant focus on accelerating the implementation of its customer-centric strategy designed to anticipate and serve the market evolving needs.

Posted by : Dubai PR Network Editorial Team
Viewed 6192 times
PR Category : Banking & Investments
Posted on : Wednesday, April 22, 2020  5:09:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of
Previous Story : Netflix Disappoints; Oil Collapse Puts Focus on Banks; Europ...
Next Story : ESG Makeover for Investment Industry
Email this article Print this article

Share this article with your friends and followers
Back to Section Home

Related Stories

Most Viewed Press Release posted in the last 7 days
Herbal Essences Taps into Nature's most Powerful Ingredients with the new Potent Aloe Vera... [9082-Views]
The Most Inclusive Range of Primers to Offer 24hr Correction for Any Skin Type, Any Skin T... [8606-Views]
Unique Spatial Sound Technologies for Ambient Room-filling Sound with Sony's Latest Premiu... [7720-Views]
Hello 2021, HELLO, GOOD STUFF! with Essence [6597-Views]
Middle East Hotels Ready to Capitalise on Workation Trend, says ATM [6392-Views]
IRENA's World Energy Transition Day Kick-Starts Crucial Assembly Meeting [5838-Views]
Ogilvy Names James Kinney as Global Chief Diversity, Equity & Inclusion Officer and Chief ... [5703-Views]
Latest PGA Tour Winner Kevin Na Joins Strong American Contingent vying for 2021 Saudi Inte... [4563-Views]
How Small Travel & Tourism Business can Overcome COVID-19 Pandemic [3833-Views]
Join the A-Beauty Revolution with Sukin's Buy 2 Get 2 Limited Time Offer [3637-Views]
Jaguar Land Rover Mena Offers Customers Warranty Extension Lasting Up to 10 Years [2981-Views]
A New Wave of Coffee has Arrived at AlBarari [2899-Views]
Danube Group Launches World's First Civil Defence Approved Alucopanel A1 Aluminium Composi... [2882-Views]
Sony Middle East & Africa Launches Newest Addition to G Master™ Full-Frame Lens Series wit... [2804-Views]
Etihad Airways to Recommence Flights to Doha [2747-Views]
Henrik Stenson Leads Past Winners' Delight for Omega Dubai Desert Classic Return [2718-Views]
Abu Dhabi Delivers Knockout Opportunity for UFC Fight Island Triple Header Spectators to A... [2554-Views]
Wizz Air Abu Dhabi Commences Operations in Abu Dhabi [2542-Views]
Dubai Sports Council Launch Dubai's First All-Schools Sports Tournament Series [2538-Views]
Dubai Shopping Festival's Highest Value Raffle Ever In Partnership With Idealz and W Motor... [2468-Views]
Ericsson: Smart Home Privacy: How to avoid ‘Data Paparazzi' [2419-Views]
Take Special Care of your Skin with Martiderm [2419-Views]
Samsung Introduces a One-Stop Shop that Curates Every Step of Your Cooking Journey [2239-Views]
Jalabiyas – Epitome of Grandeur, Grace and Elegance [2181-Views]
Pampers Introduces the First Diaper Designed for Nighttime Wetness Protection and Un-inter... [2099-Views]
RSS Facebook Twitter LinkedDin
Top Sections
Top Stories