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 provide liquidity for Ajman Bank’s securities listed on the Dubai Financial Market (DFM) as the regulated market by entering two-way daily quotes into the market trading 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 management of Ajman Bank PJSC for their confidence in BHM Capital’s ability to be the bank’s provider of liquidity, giving investors in the region a greater ability to diversify their investment portfolios.
Adding, “This is a great opportunity to provide liquidity services to yet another highly regarded bank, Ajman Bank PJSC. The Dubai Financial Market (DFM) has witnessed surging interest by investors in the recent past and we are quite confident that we will ease the trading in the Ajman Bank’s shares on the bourse.”
BHM Capital is a leading financial services company listed in the Dubai Financial Market (DFM) and regulated by the UAE Securities and Commodities Authority providing services to individual and corporate investors. Since its establishment, it has been one of the top-ranked firms in the country’s financial markets and a pioneer in financial technology making it a regional leader in providing essential tools for corporate and individual clients.