'As part of the endeavours of the CMA to protect investors in Oman, the CMA would like to announce a new list of companies, pretending practicing business activities in forex and
securities trading and other investments based on information received from IOSCO,' the CMA said in a cautionary note published on its website.
Ascribe Capital makes attractive risk-adjusted investments in securities of companies that are distressed or undergoing operational, financial, or other stress and
securities trading at a discount to intrinsic value.
26, 2018 based on a complaint filed by former LTT employees Katherine Angelica Garcia and Katrina Michelle Labrusca, who alleged that the firm was engaged in
securities trading without the authority of the Securities and Exchange Commission.
Fee-based revenues were down 32 percent year-on-year to P2.1 billion as the bank reduced its reliance on
securities trading.
"Regardless of last year's rate hike, the current
securities trading tax is still high because of the double taxation issue," said Kim Jwa-mook, an industry official.
They are Ahmed Aboul Saad, chairperson of Rasmala Egypt Securities; Ehab Saeed, managing director of Osool for Securities Brokerage; Nassif Nazmy, vice chairperson of Al Ahram Brokerage; Sameh Azab, managing director of Watheeqa Securities Brokerage; Ali El Tahri, chairperson of Catalyst Partners; Mohamed Lotfy, managing director of Ostool for
Securities Trading; Yasser Omara, chairperson of Eagle Financial Advisors; Khaled El Tayeb, chairperson of Pioneers for Investment Fund Management; Shawkat El Maraghi, managing director of HC
Securities Trading; and Moustafa Wahdan, chairperson and managing director of Al Amaleka for
Securities Trading.
Its major functions include offering the venue and facilities for
securities trading, formulating operational principles, receiving listing applications and arranging securities listing, organizing and supervising
securities trading, supervising members; regulating listed firms, managing and disseminating market information and other functions as accepted by the CSRC.
"GES EX
Securities Trading System Experience Day has achieved a great success.
Currently, the company has a holding of 318,740 of its own treasury shares under the Norwegian
Securities Trading Act.
Close Brothers will invest the funds in its core operations, such as lending, wealth management and
securities trading in its home country.
"In addition to the
securities trading for customers, we will open up corporate advisory and asset management as new areas of business," said Abdalla Juma Al Sari, Director of GGICO in Dubai.