Egnatia improves broker market share

Egnatia Financial Services moved two positions higher in March in the CSE broker rankings in terms of market share into fourth place while in the first quarter rankings it improved its position to fourth from fifth.

According to the CSE announcement detailing the brokerage market share in March, CLR Securities maintained its lead as the top ranking firm, but slipped in terms of market share.

CLR’s share of the market fell from 18.43% in February to 16.43% in March. The second placed SFS, improved its market share to 14.59% from 13.62% in February, while third placed CISCO also improved its market share to 14.47% from 12.33% previously.

Egnatia was the best performer, lifting its market share from 8.03% to 12.58% and in the process climbing from sixth place in the overall rankings to fourth place. Laiki Securities moved from fourth to fifth place with its market share falling to 9.22% from 9.3%.

In the overall rankings for the first quarter, CLR maintained its lead as the top ranked broker, but saw its market share slip from 18.83% to 18.2%.

SFS remained in second place, improving share from 12.59% to 13.42%, CISCO, in third place, improved its share to 11.89% from 10.94%, while Egnatia improved its position from fifth to fourth with its market share climbing from 8.05% to 9.28%. Laiki Securities slipped one place to 9.12% and in fifth place.