Dubai – Mubasher: Al Ramz Capital, a subsidiary of Al Ramz Corporation Investments and Developments, signed an agreement on 3 May to become a liquidity provider for Gulf Navigation Holding’s shares, according to a statement.
A liquidity provider is responsible for improving the liquidity of the underlying shares and increasing the frequency of transactions.
“Some of the potential benefits to the issuer are an increase in price stability, lower trading costs, a reduction in the bid/offer spread, and the potential to increase the valuation metrics,” according to a statement.
