A market maker's value shows up in the order book, where standing quotes give buyers and sellers prices to trade against. EFG Hermes UAE says it has launched the service on Dubai Financial Market, adding continuous buy and sell quotes for listed securities.
The stated aim is to deepen order books and narrow the gap between bid and ask prices. The company also says the quotes are intended to improve trade execution.
DFM is a regulated exchange. It offers trading and clearing, along with settlement and depository services. The market was established in 2000 and is a subsidiary of Borse Dubai, according to the DFM company profile.
For investors, the missing terms shape what these quotes can deliver in practice.
The announcement describes EFG Hermes UAE as regulated by the UAE capital-markets authority and part of EFG Hermes. It gives no further detail on the regulatory decision or the date continuous quoting began.
Dubai Financial Market Chief Operating Officer Khalifa Ruba'a said EFG Hermes UAE's entry reflects the market's development and the role of institutional liquidity provision in trading efficiency. He said the participation would support continuous two-sided pricing and improve execution quality.
EFG Hermes Securities Brokerage Head Ahmed Wali called the launch a strategic step for the platform, pointing to the company's execution technology and regional presence. Amr El Shamy, the group's Head of Electronic Trading and Execution Services, said reliable systems and speed are essential to meeting liquidity commitments. He said the firm's electronic trading infrastructure can provide continuous quotes for institutional and individual clients.
The move comes as Dubai seeks to attract companies and investment to its capital markets. The Economic Times reported that DFM and Dubai Chamber of Commerce included EFG Hermes among 20 regional and international advisers in a programme intended to attract Indian companies and global investment. That advisory role provides context for the group's regional activity. It does not establish the scale or trading impact of this market-making service.
Raymond Wassef, EFG Hermes' Head of Market Making and Liquidity Provision, said the Dubai service builds on the group's brokerage and investment banking capabilities. He also cited research and promotion, along with IPO coverage and corporate engagement. Wassef said the group's global network and operating capacity can connect UAE markets with international investors. He also pointed to its governance frameworks. The exchange-based service is distinct from founder-investor formats such as Dubai's startup pitches.
The company framed deeper liquidity as a way to strengthen market participation and help businesses access capital. Public materials reviewed do not specify which securities are covered or the quote sizes. They also omit minimum order volumes and target spreads. No measured increase in DFM turnover following the launch is provided.
The available materials provide no independently verifiable performance data or subsequent update establishing the service's immediate market effect.
