Abu Dhabi Securities Exchange (ADX) grants BHM Capital the approval for Omnibus accounts, making it the first financial services company to receive this approval
Dubai, May 5th, 2023
Abu Dhabi Securities Exchange (ADX) granted BHM Capital Financial Services PSC, a leading investment firm in the UAE’s financial market, the approval to use Omnibus accounts, making it the first financial services company in the UAE to offer this activity to its clients.
From his side, Abdel Hadi Al Sa’di, Chief Executive Officer, BHM Capital said, “It is an honor to be the first firm in the UAE to obtain Abu Dhabi Securities Exchange’s approval to use Omnibus accounts to its clients. This milestone reflects BHM Capital’s vision of increasing attractiveness and competitiveness as this activity will allow BHM Capital to register the securities purchased in its name for the account of its clients through consolidated accounts.”
“We extend our sincere gratitude to Abu Dhabi Securities Exchange (ADX) for its methodology in developing its business system according to a clear and flexible strategy and vision that anticipates the future towards excellence and innovation. This approval to provide the service of Omnibus accounts granted to BHM Capital reflects ADX’s confidence in the company in this way, which enables it to efficiently achieve its objectives.” added Al Sa’di.