DUBAI, UAE: BHM Capital Financial Services have been appointed as a Liquidity Provider for Ajman Bank PJSC for its shares traded on Dubai Financial Market (DFM).
According to the agreement, BHM Capital will present liquidity for Ajman Bank’s securities listed on the Dubai Financial Market (DFM) because the regulated market by entering two-way daily quotes into the market buying and selling system in compliance with the regulations set by The Dubai Financial Market (DFM) and UAE Securities and Commodities Authority.
While announcing the news, Abdel Hadi Al Sadi, CEO of BHM Capital, thanked the administration of Ajman Bank PJSC for his or her confidence in BHM Capital’s ability to be the bank’s supplier of liquidity, giving investors within the area a greater ability to diversify their funding portfolios.
Adding, “This is a nice alternative to present liquidity services to but one other extremely regarded bank, Ajman Bank PJSC. The Dubai Financial Market (DFM) has witnessed surging curiosity by investors within the recent previous and we’re fairly assured that we will ease the buying and selling within the Ajman Bank’s shares on the bourse.”
BHM Capital is a number one monetary services firm listed within the Dubai Financial Market (DFM) and controlled by the UAE Securities and Commodities Authority offering services to particular person and firm investors. Since its establishment, it has been one of many top-ranked firms within the country’s monetary markets and a pioneer in monetary technology making it a regional chief in offering important instruments for firm and particular person clients.