26 FEBRUARY 2007
EFG Hermes tops brokerage rankings at close of 2006
EFG Hermes has been placed first in the brokerage rankings conducted by Dubai Financial Market (DFM) for December 2006, and second in the Q406 ranking. This achievement comes just over two years after EFG Hermes launched its brokerage operations in the fiercely competitive UAE market. The rankings, which are measured by value traded, encompass 97 brokerage firms on the DFM. EFG Hermes’ top placement cements its drive to set standards in the industry with a quality research product and fundamentally well-versed brokers. The leading regional investment bank is also focusing on product development in order to offer greater breadth to clients, as well as contribute to the diversification of the market place.