Dubai
Al Ramz said on Tuesday it has renewed its liquidity providing service contract with Invest Bank following regulatory approvals.
A liquidity provider is appointed by a company in order to increase volume and improve the quality of trading in less-traded shares.
“We look forward to announcing additional collaborations in the coming months.” said Mohammad Al Murtada Al Dandashi, Managing Director of Al Ramz Corporation in a statement. As an authorised liquidity provider by Abu Dhabi Securities Exchange and Dubai Financial Market, Al Ramz is licensed to provide listed companies with liquidity providing services.
