DFM accredits ’Abu Dhabi Financial Services’ and ’Finance House Securities’ for Margin Trading #Dubai - Dubai City Guide
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DFM accredits ’Abu Dhabi Financial Services’ and ’Finance House Securities’ for Margin Trading
(29 January 2013)

 

Dubai Financial Market ( DFM ) today announced that Abu Dhabi Financial Services and Finance House Securities have been accredited to provide Margin Trading, lifting the total number of DFM brokerage firms providing this service to 5.

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.
 


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