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 3642 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
HONOR MagicBook Series is Perfect for Fashion Forward, Design Conscious Individuals Across... [4670-Views]
Vatika Launches Natural Hair Food, an Effective Solution for Dry Hair [3268-Views]
Omega Announces Its Role as the Official Timekeeper of the 36th America's Cup [3173-Views]
Foreo Reveals 5 Ways to De-Stress Your Skin [3165-Views]
DTTAG New Executive Committee to Manage Post Covid 19 Return to Normalcy of Travel [3091-Views]
The Best Omega Sunglasses For a Long-Awaited Summer [2899-Views]
Emirates Post Unveils Modern New Website and Look [2677-Views]
Ethical JLT Salon THT is Supporting those whose Jobs have been affected during COVID-19 w... [2640-Views]
Urgent Implementation of ICAO COVID-19 Guidelines Needed [2628-Views]
FEM Collaborates with Arab Comedian Maya Acra to Address the Taboo Around the Topic of Hai... [2526-Views]
Sony Middle East & Africa Introduces New Digital Camera ZV-1, designed for Vlogging in the... [2472-Views]
Karl Lagereld Drives Digital Innovation With Launch of the “Maison Karl Lagerfeld” Game. [2448-Views]
Innovating to Fight COVID-19: Four Ways Drones are Contributing [2398-Views]
Blue Ocean for Islamic Finance Industry [2394-Views]
Commodity Weekly: Crude Oil Frets Geopolitics, Sluggish Demand Bounce [2259-Views]
Ericsson's USA 5G Factory: Staffed by Professionals – Trained by VR [2165-Views]
Airline Debt to Balloon by 28% [2116-Views]
The Ultimate At-Home Facial [2066-Views]
Twentieth “World Milk Day” Sees NFPC Innovate With New Products That Meet Changing Consume... [1960-Views]
Parmigiani Fleurier Toric Fleur [1960-Views]
Al Tayer Motors and Premier Motors Honour UAE's COVID-19 Frontline Heroes [1960-Views]
80th Anniversary of Maserati's Targa Florio Victory Maserati Tests an Mc20 Prototype on th... [1935-Views]
Sony Middle East and Africa and Gearbox team up to offer rental services of latest digital... [1915-Views]
WTTC Launches Safe Travels Protocols for Aviation, Airports, MICE and Tour Operators [1902-Views]
Tips for Keeping Your Smartphone Clean [1870-Views]
RSS Facebook Twitter LinkedDin
Top Sections
Top Stories