• Home
• TechnoTime Emirates

EFG Hermes UAE Ltd (EFG Hermes UAE), a subsidiary of EFG Hermes regulated by the Securities and Commodities Authority (SCA) in the United Arab Emirates, has officially announced the launch of its market making and liquidity provision services on the Dubai Financial Market (DFM). This step aims to support trading efficiency and deepen the market’s investment appeal.

Boosting Liquidity and Price Discovery Efficiency

This launch reinforces the company’s position in capital markets by providing continuous two-sided quotations. The program is designed to narrow bid-ask spreads and increase order book depth, thereby improving execution quality and building confidence among both local and international investors.

Dubai Financial Market: A Step Supporting Stability and Competitiveness

Commenting on this expansion, Khalifa Rabbae, Chief Operating Officer at the Dubai Financial Market, stated that welcoming EFG Hermes UAE as a market maker is a qualitative addition to the market’s ecosystem. He noted that providing institutional liquidity and maintaining continuous two-sided pricing enhance trading efficiency and solidify Dubai’s status as a leading global financial hub.

Strategic Vision and Advanced Trading Infrastructure

Ahmed Waly, Head of Securities Brokerage at EFG Hermes, explained that the service rollout integrates advanced execution technology with the firm’s strong regional footprint, serving clients' aspirations and deepening market capacity.

In the same context, Amr El Shami, Head of Electronic Trading and Execution Services, pointed out that execution speed and system reliability are key drivers for delivering liquidity commitments, highlighting the development of a high-performance technological infrastructure that caters to both retail and institutional clients.

A Bridge to Global Capital

Ramy Wassef, Head of Market Making and Liquidity Provision at the firm, affirmed that the service is a natural extension of the group’s integrated investment and brokerage offerings. He added that connecting UAE markets with global investor networks builds sustainable liquidity and depth, facilitating access to capital and supporting national economic growth.