The Dubai Financial Market has approved BH Mubasher Financial Services, one of the leading companies in the UAE financial markets, as a market maker. This license allows BH Mubasher to provide liquidity to companies listed on the Dubai Financial Market.
“We are pleased to be approved by the Dubai Financial Market as a market maker, which will constitute an added value to the range of services provided to our clients with the highest quality and reliability. This step will also enable companies listed on the Dubai Financial Market to enhance Liquidity of shares and achieving a balance of buying and selling with (BH Mubasher).
In a statement, Al Saadi praised the efforts of the Dubai Financial Market in facilitating and providing many services for the sake of developing and supporting businesses, and promoting comprehensive economic development.
For his part, the CEO of the Dubai Financial Market, Hassan Al Serkal, affirmed that “the Dubai Financial Market spares no effort to provide services and mechanisms to stimulate trading and achieve a balance between supply and demand, in cooperation with our strategic partners from the leading brokerage firms accredited in the market.”
Al Serkal said that the market has, over the past years, developed world-class regulatory frameworks to consolidate its leading position and great attractiveness, by providing market-making service and other supportive services for trading activities, and enhancing liquidity in accordance with international best practices.
He added: “We are pleased to welcome BH Mubasher as a certified market maker, thereby increasing the number of companies providing this service in the Dubai Financial Market to six brokerage firms, and we are looking forward to the market-making service gaining more momentum in the next phase, for the benefit of Listed companies, investors and brokers alike ».
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