Sunday 21 December 2014
 
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UAE brokerages told to obey margin trading rules

The UAE Securities and Commodities Authority urged brokerages that extend margin trading services to obey regulations and sell clients' shares if shortages in their accounts are not filled on time. The market regulator said it

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DFM enrols 5 brokerage firms for margin trading

Dubai Financial Market (DFM) has accredited five brokerage firms to provide margin trading, lifting the total number of firms providing this service to 24. The firms include Al Safwa Islamic Financial Services, Global for Shares &

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Mubasher Mena FL generates good returns

Mubasher, a leading provider of brokerage services in the Middle East, said its 'Mena Favorite List' (Mena FL) has generated a total return of more than 33.28 per cent in US dollar's outperforming benchmark (Dow Jones Mena total retu

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Dubai brokerage launches Islamic commodity account

Dubai-based brokerage I-Deal said it has launched the region’s first Shariah-compliant managed commodity account, ”Mawthooq.” The innovative new offering is a professionally managed investment account that provid

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DMCC to boost Islamic commodity trade with tie-ups

The Dubai Multi Commodities Centre (DMCC) aims increase both the volume and size of transactions on its sharia-compliant commodity trading platform by partnering with a global brokerage. This week, the DMCC partnered with global b

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Al Ramz tops UAE market trading in Jan

Al Ramz Securities, a leading UAE brokerage house, kicked off 2014 on a strong note emerging on top of Dubai Financial Market, Nasdaq Dubai and Abu Dhabi Securities Exchange trading for January. The brokerage firm traded at Dh8.85

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Mubasher opens Sharjah office

Mubasher Financial Services, a leading provider of brokerage services in the Middle East, has opened a new branch in Sharjah, as part of its growth strategy. The new office will serve the wider North Emirate including Ras Al Khaim

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Menacorp named top UAE brokerage firm

UAE-based investment bank Menacorp has been ranked the number one brokerage house in the UAE by trade value for 2013, according to a recent report. The bank bested 49 competitors at the DFM and ADX exchanges through the year, deli

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HSBC Saudi in e-trading deal with NTG

HSBC Saudi Arabia has signed an agreement with National Technology Group (NTG) “Mubasher” to provide a new generation of e-trading services in the regional and global markets. The Saudi bank offers security brokerage s

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ADS Securities starts CNH trading

ADS Securities, a leading forex brokerage in the Middle East, said it has started trading the USDCHN currency pair (US Dollar/ Chinese Renminbi). Offering access to the Renminbi (RMB) has been driven by a growing interest in the C

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