Saturday 19 April 2014
 
»
 
»
Story

DFM accredits 2 firms for margin trading

Dubai, December 8, 2013

Dubai Financial Market (DFM) has accredited ‘Al Dhabi Brokerage’ and ‘Securities and Investment Company UAE’ to provide margin trading.

With this, the DFM brokerage firms providing the service has now increased to 11, while the exchange is currently processing similar applications from other brokerage firms in collaboration with the Securities and Commodities Authority (SCA).

Margin trading permits brokerage companies to fund a percentage of the market value of securities traded, and secure as collateral for the same securities or any other collateral as required by the SCA’s license. - TradeArabia News Service




Tags: Dubai | trading | DFM | margin |

More Finance & Capital Market Stories

calendarCalendar of Events

Ads

Buy high quality China wholesale Health & Beauty , Electronics, Sports & Outdoors , Computers, Video Games, Toys & Hobbies Cell Phones, Automobiles and other wholesale products directly from reliable Chinese wholesalers or Factories on DHgate.com