Dubai Investments has renewed its agreement with xCube, a Dubai-based market maker and brokerage firm. The agreement extends for another year, during which xCube will continue to serve as the Liquidity Provider for Dubai Investments’ listed shares.
Khalid Bin Kalban, Vice Chairman and CEO, Dubai Investments said, “The renewal of our agreement with xCube reflects Dubai Investments’ continued commitment to enhancing shareholder value. Maintaining an active liquidity provider arrangement is an important part of our broader efforts to improve tradability, support market activity, and strengthen investor confidence. We look forward to continuing our liquidity provision with xCube in line with applicable market standards and regulatory requirements.”
Saad Chalabi, CEO of xCube added, “We are pleased to continue our engagement with Dubai Investments and to support the liquidity and tradability of its shares on the Dubai Financial Market. As Liquidity Provider, xCube remains committed to contributing to a more efficient and active secondary market by providing continuous two-way quotes in line with applicable regulatory requirements and market rules. This renewal reflects the confidence placed in xCube’s capabilities and our continued role in supporting listed companies in strengthening market engagement and investor access.”
As the Liquidity Provider, xCube will maintain continuous two-way quotes during trading hours, adhering to applicable regulatory requirements and market rules. This support aims to facilitate the orderly trading of Dubai Investments’ shares and enhance their tradability on the Dubai Financial Market.
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