Al Ramz Corporation Investment and Development PJSC

Al Ramz Corporation Investment and Development PJSC

a set of three blue and white cubes with a bitcoin symbol

Al Ramz Expands with Bahrain Market Maker License

Summary

Al Ramz Corporation PJSC has secured a market maker license from the Bahrain Bourse, marking a significant step in its regional expansion strategy. This move solidifies its role in enhancing market efficiency across the GCC.
Al Ramz Corporation secures a market maker license in Bahrain, reinforcing its regional influence in the GCC financial markets.

Al Ramz Corporation Investment and Development PJSC, a trailblazer in the financial services sector, has announced a significant milestone in its regional expansion strategy. The firm has secured a market maker license from the Bahrain Bourse (BHB), a move that reinforces its leadership in the GCC's financial markets. This development follows their recent approval from the Muscat Stock Exchange, showcasing their commitment to expanding their regional footprint.

With a rich legacy spanning 25 years in capital markets, Al Ramz is recognized for its expertise in enhancing price discovery, narrowing spreads, and stabilizing trading environments. The acquisition of the market maker license in Bahrain is a testament to the company's robust role as a key enabler of market efficiency in the GCC. This strategic move is poised to support Bahrain's financial sector, which is a critical engine of the country's economy.

Karim Shoeib, Group CEO of Investment Banking at Al Ramz, expressed enthusiasm about this development, stating, 'Securing our market-making license in Bahrain represents another strategic step in our plans to further consolidate our already strong presence across the GCC region. In extending our reach, we demonstrate our commitment to playing a leading role in regional markets by reinforcing investor confidence and upholding the highest standards of market integrity.'

Al Ramz's expansion into Bahrain aligns with the country's ambitious national vision and is supported by a robust business model. This model has evolved through the development of advanced quantitative strategies, algorithmic trading capabilities, and well-established governance frameworks. By optimizing order flow, enhancing price discovery, and reducing volatility, Al Ramz aims to drive market efficiency while ensuring ethical and responsible market practices.

The company's operations are bolstered by a highly skilled and experienced team, as well as state-of-the-art technology and innovation. This positions Al Ramz to offer a solid contribution to the ongoing development of Bahrain's financial ecosystem, helping to increase its resilience and stability.

Given Al Ramz's strategic expansion and proven market-making capabilities, potential investors might consider holding on to their investments in the company. This move could further strengthen Al Ramz's position in the regional market, potentially leading to increased market share and profitability.

Related articles

Loading...