Company Lookup
عربي
Download Demo
 

Market News

This Month News

This Month News

send to a friend by email

Auerbach Grayson to Become First U.S. Brokerage with Direct Access to Palestinian Stock Exchange

2011-11-17

NEW YORK, NY, November 16, 2011: Auerbach Grayson & Company, LLC, a New York-based brokerage firm that specializes in global trade execution and exclusive local research for U.S. institutional investors, announced today that it is the first brokerage to offer U.S. institutional investors access to the Palestinian Stock Exchange through their partnership with Sahem Trading & Investments, one of the largest brokerage houses in Palestine.

Through its exclusive partnership with Sahem Trading & Investments, Auerbach Grayson will provide its institutional clients with on-the-ground intelligence and increased coverage of investing opportunities in Palestine. The partnership also allows Sahem Trading & Investments to expand its global business to the U.S. by servicing Auerbach Grayson’s clients, more than 500 of the world’s largest institutional investors, comprising 2,500 international portfolio managers and analysts.

“Despite the turmoil in the Arab markets, we are seeing increased demand for coverage throughout the entire region,” said David Grayson, Managing Director and co-founder of Auerbach Grayson.  “Offering research, execution and access to corporate management of the Palestinian market is an extension of our everyday business.  At the same time, it enables investors to participate in the continued growth we are witnessing in Palestine.”

"Our partnership with Auerbach Grayson will enable us to further foreign investment in Palestine by building relationships with some of the largest institutional investors in the world,” said Samir Zraiq, General Manager of Sahem Trading & Investments. “We see this partnership as an integral step in attracting some of the world’s savviest investors.”

According to, Ahmad Aweideh, Chief Executive of the Palestine Stock Exchange; “The partnership between Sahem and Auerbach Grayson enables U.S. investors for the first time to have direct access to our market.  Our exchange and safekeeping systems are highly automated and we have a fully developed regulatory overlay.”

Auerbach Grayson provides U.S. institutions with access to nearly 130 countries through exclusive partnerships with the leading domestic brokers and banks in each market.

About Auerbach Grayson (www.agco.com)

Founded in 1993 in New York City, Auerbach Grayson offers a full range of global in-depth research, trade execution and settlement services in equities, derivatives and fixed-income instruments to U.S. institutional clients through its network of local broking partners in 128 countries. The firm also provides and implements hedging and arbitrage strategies. Auerbach Grayson is a member of the Financial Industry Regulatory Authority (FINRA) and the Securities investor Protection Corporation (SIPC).

About Sahem Trading & Investments

Sahem Trading & Investments Company, established in 1999, is a subsidiary of Massar International, a holding company investing in financial markets, real estate and services in Palestine, Jordan, Egypt, Morocco and the UAE. In April 2007, Sahem was the pioneer brokerage house in Palestine to offer online stock trading on the Palestinian Stock Exchange (PEX). The firm offers integrated, comprehensive investment and trading services on both the PEX and select regional stock exchanges and consistently leads the market in monthly and yearly trading volumes.

About the Palestine Stock Exchange

The Palestine Exchange (PEX) was established in 1995 to promote investment in Palestine. The PEX was fully automated upon establishment and became a public shareholding company in February 2010 responding to principles of transparency and good governance. The PEX operates under the supervision of the Palestinian Capital Market Authority. The PEX strives to provide an enabling environment for trading that is characterized by equity, transparency and competence, serving and maintaining the interest of investors.

 

 

 


 

2017-04-23
PEC records net income of $3.60 million in Q1 2017

2017-04-23
TNB approves distributing 5% cash dividends for the year 2016

2017-04-23
Bravo realizes net loss of JD0.13 million in Q1 2017

2017-04-20
Medium liquidity in the quarterly disclosures and dividends distribution seasons

2017-04-20
PEC approves distributing 10% cash dividends for the year 2016

2017-04-19
TNB records net income of $2.77 million in Q1 2017

2017-04-18
BPC approves distributing 20% cash dividends for the year 2016

2017-04-18
VOIC records net income of JD1.07 million for Q1 2017

2017-04-13
Al-Quds Index declines amid anticipation elements’ overlapping

2017-04-13
TRUST approves distributing 15% cash dividends for the year 2016

2017-04-12
JPH proposes 10% cash dividends for the year 2016

2017-04-11
APC records net income of JD0.33 million in Q1 2017

2017-04-11
PIBC proposes 2.35% stocks dividends for the year 2016

2017-04-11
NSC recommends 10% cash dividends for the year 2016

2017-04-11
GUI approves distributing 10% cash dividends for the year 2016

2017-04-10
3G services in 6 months in the West Bank

2017-04-10
BOP approves distributing 2.56% stocks dividends and 10.44% cash dividends for the year 2016

2017-04-10
QUDS proposes distributing 12% stocks dividends for the year 2016

2017-04-06
Dividends approval momentum and a final agreement to run 3G frequencies in the Palestinian markets

2017-04-06
PALTEL approves distributing 40% cash dividends for the year 2016

2017-04-04
PADICO proposes distributing 5% cash dividends for the year 2016

2017-04-03
AIB approves raising its capital to $75 million and distributing 12% cash dividends for the year 2016

2017-04-02
NIC approves 20% cash dividends for the year 2016.

2017-04-02
ISBK approves raising its capital to $69 million and distributing 8.50% cash dividends for the year 2016.

 

 

 
Sahem Trading & Investments Company - PEX Member and licensed by PCMA
© All Rights Reserved 2013