For the fifth time, Auerbach Grayson & Company, Inc., a New York-based brokerage firm that specializes in providing global trade execution and exclusive research to global institutional investors, was announced ‘Best Broker in Africa’ for Africa Investor’s 2018 Index Series Awards at NASDAQ Marketsite.
“We have been visiting and doing business in Africa for almost 25 years and I am proud to say that Auerbach Grayson has been one of the earliest, if not the first, non-African agent for this region’s economic development,” said David Grayson, co-founder and Chief Executive Officer of Auerbach Grayson. “Africa has a clear advantage in the generational, secular event we call ‘the leveling of the global economic playing field.’”
Auerbach Grayson has been actively investing in Africa on behalf of its clients and built its global coverage network by establishing exclusive partnerships with leading brokers in each operating market. The firm provides institutional investors with on-the-ground equity research, trading and settlement through exclusive relationships with local brokers in 23 sub-Saharan markets. On a global basis, they similarly cover more than 120 developed, emerging and frontier equity markets.
The Africa Investor Index Series Awards are the only international, pan-African awards that recognize and reward Africa’s institutional investors, stock exchanges, listed companies, stockbrokers, and capital market regulators. The awards assess performance between April 2017 and April 2018. The criteria for the best broker in Africa consist of the number of African companies covered, their ability to trade across multiple markets and currencies, the volume and values of shares traded as well as the quality of their research.
“The African Investor Award reaffirms Auerbach Grayson’s status as one of the most active brokers across the continent, with first-hand knowledge of specific countries, sectors and stocks that institutional investors should have on their radar,” added Grayson.
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About Auerbach Grayson (www.agco.com)
Founded in 1993 in New York City by Jonathan Auerbach and David Grayson, Auerbach Grayson offers a full range of global in-depth research and trade execution to U.S. institutional clients through its network of local broking partners in over 125 countries. Backed by an ownership investment by Egyptian business leader Naguib Sawiris, Auerbach Grayson is a partner of Beltone Financial Holding, the leading investment bank of the Middle East and North Africa. In addition to providing and implementing hedging and arbitrage strategies, the partnership allows Auerbach Grayson and Beltone Financial Holding to provide a larger offering of products and services enabling access to international frontier and established markets. Auerbach Grayson is a member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SPIC).
About Beltone Financial Holding
Beltone Financial is a leading regional investment bank, offering a full range of financial services to companies, institutions and high-net-worth individuals in the Middle East, Europe, North America, and Asia. Beltone is the largest asset manager in Egypt with c. EGP 32 bn in AuM and a leading provider of independent equity research in the region. The firm’s track record includes the execution of over EGP 110 bn in M&A and capital markets transactions. Beltone is present on ground in the US through its subsidiary Auerbach Grayson, a New York-based brokerage and placement agent with access to over 125 markets globally. Beltone is listed on the Egyptian Exchange trading under BTFH.CA.