Al Ramz Secures Market Maker License on Bahrain Bourse

Al Ramz Corporation, a leading financial services institution with a 25-year legacy in capital markets in Dubai, on Wednesday said that it has secured External Market Maker license from the Bahrain Bourse (BHB), marking another milestone in its strategy.

This license follows Al Ramz’s recent approval from the Muscat Securities Market (MSM), reinforcing its regional expansion, the company said in a regulatory filing with Dubai Financial Market (DFM) this morning.

With Al Ramz Capital joining as an External Market Maker, the total number of authorised market makers on Bahrain Bourse has increased to three.

The license cements Al Ramz’s robust role as a key enabler of market efficiency in the GCC, bringing its proven market-making expertise to Bahrain. With a track record of enhancing price discovery, narrowing spreads, and stabilizing trading environments in the UAE, Al Ramz is well-positioned to support in further developing the financial sector as the engine of the country’s economy.

The approval follows BHB’s adoption of a new Market Making framework in July 2024, which introduced updated Market Making guidelines while repurposing existing regulations to focus exclusively on liquidity provision.

This regulatory enhancement aligns with international best practices and clearly distinguishes the roles of market makers and liquidity providers, ensuring a more structured and efficient marketplace.

Reflects BHB’s Commitment

Bahrain Bourse CEO Shaikh Khalifa bin Ebrahim Al Khalifa said that the inclusion of Al Ramz Capital as an External Market Maker reflects BHB’s ongoing commitment to strengthening capital market infrastructure and fostering a more efficient trading environment.

“The growing interest in market-making at Bahrain Bourse underscores the effectiveness of our updated framework and our commitment to fostering a well-regulated, liquid marketplace that aligns with global standards,” he added.

Karim Shoeib, Group CEO – Investment Banking, Al Ramz, said that securing market making license in Bahrain represents another strategic step in their company’s plans to further consolidate its already strong presence across the GCC region.

Playing a Leading Role

In extending Al Ramz’s reach, they demonstrated their commitment to playing a leading role in regional markets by reinforcing investor confidence and upholding the highest standards of market integrity, he said.

“Our expansion into Bahrain, in support of the goals of the country’s ambitious national vision, is underpinned by our robust business model, which has evolved through the development of advanced quantitative strategies, algorithmic trading capabilities, and well-established governance frameworks,” he said.

He continued: “By optimising order flow, enhancing price discovery, and reducing volatility, we aim to drive market efficiency while ensuring ethical, responsible market practices. With our operations supported by a highly skilled, vastly experienced team and state-of-the-art technology and innovation, we look forward to offering a solid contribution to the ongoing development of Bahrain’s financial ecosystem, and to helping increase its resilience and stability.”

Al Ramz’s most recent expansion underscores its commitment to supporting regional capital markets with best-in-class market-making capabilities. Leveraging insights from its governance leadership in liquidity provision, the firm remains dedicated to fostering ethical and sustainable financial markets while ensuring transparency, market stability, and regulatory alignment.