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FBG keeps brokerage ranking YTD with EGP 36.2bn trading value - Daily News Egypt

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FBG keeps brokerage ranking YTD with EGP 36.2bn trading value

The Commercial International Brokerage Company (CIBC) came second with a EGP 17.7bn trading, representing a 9.7% market share. Hermes Securities Brokerage came third with a EGP 15.9bn trading value, and an 8.7% market share.


EFG Hermes’ Financial Brokerage Group (FBG) has maintained its top ranking in the market year to date, with a trading value of EGP 36.2bn, accounting for 19.8% of the total market transactions for the period. 

The Commercial International Brokerage Company (CIBC) came second with a EGP 17.7bn trading, representing a 9.7% market share. Hermes Securities Brokerage came third with a EGP 15.9bn trading value, and an 8.7% market share.

Pharos Securities Brokerage came in fourth place, after executing EGP 9.9bn of the total market turnover in April, with 5.4% of market transactions. Pioneers Securities ranked fifth with a total turnover of EGP 8.8bn, representing 4.8% of the market. Beltone Securities Brokerage came in sixth place, with a 4.5% market share through transactions worth EGP 8.3bn.

Arqaam Securities Brokerage ranked seventh with EGP 7.3bn worth transactions and holding 4% of the market. Naeem Brokerage came in eighth place with operations of EGP 5.1bn, representing 2.8% of the market. Meanwhile, Sigma Securities Brokerage ranked ninth with a 2.5% market share amounting to EGP 4.5bn.

Prime Securities Brokerage was the tenth largest company, with operations worth EGP 4bn, equivalent to 2.2% of the market.

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https://wwww.dailynewssegypt.com/2020/06/01/fbg-keeps-brokerage-ranking-ytd-with-egp-36-2bn-trading-value/
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