RHB Investment Bank wins broker awards

RHB said the CTS, which is voluntary in nature, was introduced as part of its rationalisation exercise.

KUALA LUMPUR: RHB Investment Bank, the investment banking arm of RHB Banking Group, bagged three awards at the recent Bursa Malaysia Broker Awards 2015.

The investment bank was named 2015 Best Retail Equities Participating Organisation - for the second consecutive year - as well as 2015 Best Trading Participant in Financial Derivatives, and 2015 Most CDS Accounts Opened by Participating Organisations.

Managing director Mike Chan said the awards recognised RHB Investment Bank as the leading retail broking house in Malaysia with the highest market share in retail equities and futures trading.

"Being the most active retail player, RHBIB's client events throughout the year contributed to more opening of accounts," he said in a statement on Thursday.

He said the recognition affirmed the investment bank's position as the most dominant retail player in Malaysia.

"In addition to our continuous effort to increase market share, we will enhance our client engagement activities and events to further support clients in their trading journey," he added. - Bernama