Hermes Securities Brokerage remains top Egyptian brokerage company in Q3 2023

Hermes Securities Brokerage kept its leading position among the brokerage companies in Egypt at the end of the third quarter (Q3) of this year, with a market share of 14.6%. It executed trades worth EGP 46.8bn, involving 7.08 billion securities over 490,000 transactions.

EFG Hermes International Securities Brokerage climbed two spots from the previous quarter to rank second, with a market share of 12.3%. It traded securities worth EGP 39.610 billion, with a volume of 1.9 billion, through 140.13 transactions.

Commercial International Brokerage stayed in third place, with a market share of 5.9%. It handled trades worth EGP 18.78bn, with a volume of 3.397 billion securities, and over 341,500 transactions.

Arabeya Online advanced by three positions, reaching fourth place, with a market share of 4.8%. It carried out trades worth EGP 15.301bn, with a volume of 4.302 billion securities, over 374,400 transactions.

Mubasher Trade maintained fifth place, with a market share of 4.1%. It traded securities worth EGP 13.004bn, with a volume of 5.51 billion, over 529,700 transactions.

Thndr moved up by four places to the sixth place, with a market share of 3.7%. It executed trades worth EGP 11.98bn, involving 6.418 billion securities, and over 1.77 million transactions.

Fleet Securities ranked seventh, moving up one place from the previous quarter, with a market share of 3.3%. It traded securities worth EGP 10.5bn, with a volume of 4.88 billion, over 412,000 transactions.

Pioneers Securities Brokerage moved down by two places, occupying the eighth place in the quarter ending 30 September of this year, with a market share of 3.1%. It traded securities worth EGP 9.9bn, with a volume of EGP 4.28bn, over 351,000 transactions.

Tycoon Securities and Beltone Securities Brokerage both moved up by two places to rank ninth and tenth, with market shares of 2.9% and 2.8%, respectively.