Al Ramz Capital announced on Wednesday that it has been appointed as a liquidity provider for two Abu Dhabi-based companies – ADNOC Gas and Fertiglobe.
ADNOC Gas is a large-scale integrated gas processing company, while Fertiglobe is the world’s largest seaborne exporter of urea and ammonia combined, and the largest nitrogen fertilizer producer in the MENA region. Both companies are listed on Abu Dhabi Securities Exchange (ADX).
Following regulatory approvals, Al Ramz commenced independent trading of Fertiglobe shares within specified parameters and in adherence to regulatory guidelines on Thursday, March 13th. It started independent trading of ADNOC Gas shares on similar conditions a day before.
Al Ramz’s market expertise
A listed company appoints a liquidity provider to optimise share trading by enriching the order book, minimising trading spreads, reducing price volatility and augmenting trading volume.
Established in 1998, Al Ramz is a licensed market maker on the Dubai Financial Market (DFM) and ADX with more than 25 years of experience in UAE capital markets. It is widely recognised for its market-making services and has consistently enhanced liquidity provision by facilitating synergistic relationships within distinct markets.
Apart from liquidity provision, Al Ramz is also involved in asset management, corporate finance, brokerage, security margins, market making, public offering management and financial research.
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