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EFG implements 25% of Q2 transactions worth EGP 36.2bn, acquires 59.6% of transactions market - Daily News Egypt

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EFG implements 25% of Q2 transactions worth EGP 36.2bn, acquires 59.6% of transactions market

With a major difference, CI Capital ranks second with transactions worth EGP 12.9bn, HC ranks third


EFG has ranked first in terms of transactions among other brokerage companies in the second quarter (Q2) of 2017, with a major difference between it and its competitors, implementing 25% of the total transactions carried out over the past three months worth EGP 36.2bn, thanks to its large implementations in the market of transactions, where it acquired 59.6% of the transactions market, worth EGP 23bn, which it means it has implemented more than what all other brokerage companies implemented together.

With a difference of EGP 23bn, CI Capital ranked second with total transactions of EGP 12.97bn, where it obtained a market share of 8.9% of companies’ transactions. In terms of electronic transactions, the company ranked first with EGP 10.7bn in a market share of 16.2% of the electronic trading carried out throughout that period.

HC Brokerage ranked third with transactions worth EGP 10.7bn with a market share of 7.4%, supported by the transactions of the transactions market where it ranked second in it, with a value of EGP 8.7bn. It acquired 22.5% of the transactions of Q2 2017.

Hermes Securities Brokerage acquired the fourth place, with total transactions worth EGP 10.4bn, which represents a market share of 7.2% of total companies’ implementations during that period.

Beltone Securities Brokerage ranked fifth, with total implementations worth EGP 6.5bn with a market share of 4.5%. It was followed by Pioneers Securities Brokerage in the sixth place with implementations worth EGP 4.9bn, through which it acquired a market share of 3.4%.

With a smaller number of implementations, Pharos Securities Brokerage ranked seventh with transactions worth EGP 4.3bn and a 2.9% market share.

Sigma Securities Brokerage ranked eighth with transactions worth EGP 3.5bn through a market share of 2.4% of the transactions of securities companies’ during Q2 2017. It was followed by Mubasher International in the ninth place, worth EGP 3.4bn and a 2.3% market share.

Arqaam Securities Brokerage managed to be included in the list of the top ten companies through transactions worth EGP 2.7bn and a market share of 1.9%.

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https://www.dailynewssegypt.com/2017/07/01/efg-implements-25-q2-transactions-worth-egp-36-2bn-acquires-59-6-transactions-market/
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