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Al Ramz Securities joins NASDAQ Dubai

30/11/2008 10:43:21 PM GMT   Comments ()     Add a comment     Print     E-mail
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(Sukuk.net - Khaleej Times) NASDAQ Dubai on Saturday welcomed Al Ramz Securities LLC (RAMZ) as the first independent brokerage firm to join the exchange from the jurisdiction of the UAE.

Ali Al Ghaith, the Chairman of RAMZ, said: "We are delighted to become a part of the growing success of NASDAQ Dubai and to be the first independent broker in the UAE and the region to be awarded Recognised Membership of the exchange."

"As the region's international stock market, NASDAQ Dubai enables us to trade an exciting range of listed regional and international equities," he added.

NASDAQ Dubai rebranded from its former name of DIFX on November 18. The majority shareholder of NASDAQ Dubai is Borse Dubai with a two-thirds stake. NASDAQ OMX Group owns one third of the shares.

NASDAQ Dubai offers a range of equity listings by companies based around the world as well as in its own region.
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