ForexQ.com
ForexQ.com
Brokerage firm · United Arab Emirates
According to its official website, Arqaam Capital is a financial services group focused on emerging and frontier markets; the group was established in 2007 in the Cayman Islands and the Dubai International Financial Centre (DIFC) and has five offices in the UAE, Saudi Arabia, Egypt and Lebanon. The site says the group serves institutions, family offices and high net worth individuals, that its ultimate parent is Arqaam Capital Limited in the Cayman Islands, and that key shareholders include Emirates NBD and Commercial Bank International. Its sales and trading unit provides execution and market making in equities, fixed income credit and derivatives in MENA, and its ArqNeT infrastructure offers low-latency access to regional and global exchanges. The group also provides investment banking, asset management, research and wealth management. According to the site, Arqaam Capital Limited, incorporated in the DIFC, is authorised by the DFSA with a Category 2 licence; the site also states that Arqaam Securities L.L.C. in the UAE is licensed by the UAE Capital Market Authority as a trading and clearing broker. According to the DFSA record, the company, listed under reference F000407, is endorsed to hold client assets and operate an Islamic window and is authorised for dealing in investments, custody, advising, managing assets and fund management. The site publishes a warning about people using the Arqaam name via WhatsApp and social media. This information is the company's own statement.