Sunday 1 November 2015

Low volumes may trigger massive shake-up in UAE stock broking industry | GulfNews.com

Low volumes may trigger massive shake-up in UAE stock broking industry | GulfNews.com:

"Continued low volumes on the bourses in the UAE may trigger a massive shake-up as brokerages become unprofitable, the chief executive of the country’s largest brokerage told Gulf News in an exclusive interview.

Volumes have fallen from a peak of more than Dh500 billion in 2014, when the index touched its historic peak of more than 5,000 levels to a paltry of Dh177 billion from January through September.

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