Al Ramz Boosts Market Presence as Borouge Liquidity Provider
Al Ramz Capital LLC has been appointed as the liquidity provider for Borouge PLC, enhancing its footprint in the UAE capital markets.
Summary
Al Ramz Capital LLC, a leading market maker in the UAE, has been appointed as the liquidity provider for Borouge PLC, a major player in polyolefin solutions.
Al Ramz Capital LLC, a prominent player in the UAE's financial landscape, has announced its latest strategic move by becoming the liquidity provider for Borouge PLC, a leading provider of innovative polyolefin solutions listed on the Abu Dhabi Securities Exchange (ADX). This appointment, effective from March 11, 2025, marks a significant milestone for Al Ramz as it continues to solidify its position as a key market maker in the region.
With over 25 years of experience in the UAE capital markets, Al Ramz has built a reputation for enhancing market liquidity through its adept market-making services. The company's expertise in facilitating synergistic relationships within distinct markets has made it a trusted partner for many high-profile clients. Its role as a liquidity provider for Borouge PLC further underscores its capabilities in this domain.
Borouge PLC, known for its innovative and differentiated polyolefin solutions, is a significant player in the global market. By appointing Al Ramz as its liquidity provider, Borouge aims to enhance the trading of its shares and ensure a more dynamic market presence. This collaboration is expected to bring about increased trading volumes and improved price stability, benefiting both the company and its shareholders.
Al Ramz's appointment comes after receiving the necessary regulatory approvals, ensuring that all trading activities will be conducted within specified parameters and in adherence to regulatory guidelines. This move aligns with Al Ramz's strategy to expand its market-making and liquidity provision services across major exchanges, including the Abu Dhabi Securities Exchange, the Dubai Financial Markets, and Nasdaq Dubai.
Given the strategic significance of this appointment and Al Ramz's proven track record, investors may consider holding onto their investments in Al Ramz Corporation. The company's expanding role in the UAE's financial markets positions it well for future growth, making it a potentially rewarding investment in the long term.
Source
Summary
Al Ramz Capital LLC, based in Dubai, has been appointed as a liquidity provider for Borouge PLC, a leading provider of polyolefin solutions listed on the Abu Dhabi Securities Exchange. Starting March 11, 2025, Al Ramz will independently trade Borouge shares following regulatory approvals. With over 25 years of experience in UAE capital markets, Al Ramz is a licensed market maker on the Dubai Financial Market and Abu Dhabi Securities Exchange. The company is known for its market-making services, enhancing liquidity by fostering relationships in various markets. Al Ramz, founded in 1998, offers services such as asset management, corporate finance, brokerage, and financial research, and is regulated by the UAE Securities and Commodities Authority and the Dubai Financial Services Authority.
