Universal House Brokerage, the brokerage arm of Global Investment House (Global)  in Jordan that started its operations in April 2008, announced today that it has achieved exceptional results and was ranked number 6th among 68 brokerage companies in Jordan, reference to the disclosure issued by the Amman Stock Exchange on the 8th of October 2009.

In its short operational period, Universal House Brokerage was able to reach this outstanding rank; were its trading value reached JD 501.5 million by the end of the first week of October 2009 representing a market share of 3.1%. These results demonstrate the important role Global plays in the Jordanian market and confirms its continuous commitment to its client base.

Commenting on this achievement Mr. Ashraf Jarrar – Head of Local Brokerage said “This success is a milestone for Universal House Brokerage and reflects our commitment to offer value added products and services in the Jordanian market”

He added, Universal House Brokerage was able within only four month to enhance its ranking by 5 positions, from 11th at the end of May 2009 to number 6.

Universal House Brokerage has started earlier this year to offer its clients brokerage services in the GCC countries, Egypt and Tunisia as part of its expansion strategy and its continuous efforts to ensure client satisfaction.

It’s worth mentioning that Universal House Brokerage is a company fully owned by Global Investment House with a paid in capital of JOD 15 million. It started its operations in Jordan in April 2008. This is part of Global’s strategy and continuous efforts to offer a wide range of investment and brokerage services in the Jordanian market.
 
Since it began trading in April 2008 and till the end of 2008, Universal House Brokerage grew rapidly. This growth was driven by exceptional trading value that reached JOD 697 million by December 2008, gaining a market share of 1.7% and ranking 21st amongst 68 brokerage companies in Jordan.