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Sawiris deepens regional financial ties with market-making strategies

rascom and its subsidiaries are expanding for regional and international exposure.
31.08.16 | Source: Daily News Egypt

Beltone Market Maker, a subsidiary of Beltone Financial Holdings, one of Egypt’s leading investment banks, has begun providing market-making services in Orascom Construction’s shares on Nasdaq Dubai, a Dubai-based stock exchange that lists regional and international shares in the Middle East.

Market making involves offering both bid and offer prices in a tradable financial asset which supports liquidity, attractive pricing, and trading activity. This move supports liquidity in the shares of one of Egypt’s most prominent companies, increasing regional financial integration and cooperation.

Chairperson of Beltone Financial Holding Sameh El-Torgoman said: “Our market-making services benefit global as well as regional investors who wish to trade Orascom Construction shares on the Middle East’s international exchange.”

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