Business

Menacorp, among the UAE's leading financial services firms, has been placed the number one broker agent home in equity derivatives trading on Nasdaq Dubai's Futures Market. The company preceded, out of the 36 brokerage firm companies, with a 62.68% market share for 2017 according to main information connected by Nasdaq Dubai.

It deserves noting that Nasdaq Dubai's Futures Market grew from 9 offerings to sixteen in 2017 with the incorporation of business such as Dubai Investments, Dubai Financial Market, Emaar Malls and First Abu Dhabi Bank.

Fathi Ben Grira, CEO, Menacorp, said "for 5 past years incorporated, our company has been the primary gamer on the Dubai economic Market among 49 competitors. Today we are honored to include in this success another leading placement by being placed initially also on Nasdaq Dubai equity by-products market for the 2nd consecutive year. With a total amount of 36 broker agent companies accredited to operate this newly established market, the vast majority of capitalists picked our firm for their trading needs on UAE equity futures, confirming their rely on our expertise and implementation capacities".

Menacorp has actually made its prominent placement after protecting the highest 5 year combined market share and trading worth on the Dubai Financial Market. The worth of the shares it traded over the period amounts to AED 179 billion, which stands for a 9.74% market share.

Menacorp has actually done so thanks to its broad trading variety, and is actually the only UAE-based economic solutions firm to provide accessibility to all UAE markets: Dubai Financial Market (DFM), Abu Dhabi Securities Exchange (ADX), Nasdaq Dubai, and Dubai Gold and Commodities Exchange.

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