Dubai: Menacorp said it has been ranked the number one brokerage house in equity derivatives trading on Nasdaq Dubai’s Futures Market.
The company came first, out of the 36 brokerage firms, with a 62.68 per cent market share for 2017, according to official data communicated by Nasdaq Dubai.
Nasdaq Dubai’s Futures Market grew from nine offerings to sixteen in 2017 with the inclusion of companies such as Dubai Investments, Dubai Financial Market, Emaar Malls and First Abu Dhabi Bank.
Menacorp has earned its leading position after securing the highest five year combined market share and trading value on the Dubai Financial Market. The value of the shares it traded over the period amounts to Dh179 billion, which represents a 9.74 per cent market share.
