The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
DUBAI / WAM
SICO BSC has been accredited to provide liquidity and act as market maker for companies listed on Dubai Financial Market (DFM). This will help create more dynamic two-way markets that will enhance the liquidity of companies listed on the exchange and result in benefits for investors and stocks of listed companies alike.
The accreditation builds on SICO’s status as the leading market maker on Bahrain Bourse since 1995, reinforcing its position as a pioneer and key player in GCC financial markets. It also follows the admission of SICO as the first-non-UAE based registered market maker and liquidity provider at ADX last month.
As market maker and liquidity provider, Sico, which is also a major participant in UAE markets through its Abu Dhabi-based
subsidiary will help narrow the spread between bids and offers, and encourage further trading.