Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

DFM accredits 4 brokerage firms to provide margin trading  Join our daily free Newsletter

MENAFN - Khaleej Times - 24/03/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN -Khaleej Times) since its introduction in 2012 the value of margin trading on the dfm is amounted to dh48

The dubai financial market or dfm on sunday announced that al jazeera financial services awraq islamic for shares and bonds al dar shares and bonds and daman securities have been accredited to provide margin trading lifting the total number of dfm brokerage firms providing this service to 16 companies.


Since its introduction in 2012 the value of margin trading on the dfm is amounted to dh48.5 billion equivalent to 8.5 per cent of total trading value.


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 securities and commodites authority’s licence. dfm is currently processing similar applications from other brokerage firms in collaboration with the sca.


Efg-hermes uae brokerage al ramz securities direct broker for financial services nbad securities finance house securities company al ansari financial services adib securities mena corp financial services vision capital brokerage company al dhabi brokerage securities & investment company uae and naeem shares and bonds are the other companies that provide margin trading on the dfm.


The dfm operates as a secondary market for the trading of securities issued by public shareholding companies bonds issued by the federal government or any of the local governments and public institutions in the country.


— business?khaleejtimes.com

 


Khaleej Times




  MENA News Headlines
 Feb 8 2016 - Listed Qatar banks' collective asset base rises 11% in 2015: KPMGGulf Times
(MENAFN - Gulf Times) Driven by an increase in lending portfolios due to a gradual acceleration of infrastructure projects, the collective asset base of listed banks in Qatar has gone up 11% or by ...

 Feb 8 2016 - Economic zones draft law to boost Qatar's position as investment destination in the GCCGulf Times
(MENAFN - Gulf Times) The new draft law on economic zones could help advance Qatar's position as an economic destination in the Gulf Co-operation Council (GCC) region, an official of the Philippine ...

 Feb 8 2016 - SPE Qatar Section kicks off '16 with presentation on new developments in well technologyGulf Times
(MENAFN - Gulf Times) SPE Qatar Section has held its first meeting for this year with a technical presentation delivered by lecturer Brian Schwanitz of Welltec.Speaking at the technical presentation, ...

 Feb 8 2016 - QBA, Swedish business delegation hold talks on co-operationGulf Times
(MENAFN - Gulf Times) The Qatari Businessmen Association (QBA) organised a meeting with a delegation representing Sweden's biggest players in the fields of Information Technology, communications, ...

 Feb 8 2016 - Challenging times for Qatar banks, but outlook positive, says KPMGGulf Times
(MENAFN - Gulf Times) With the strong measures taken by the Qatar Central Bank (QCB) in recent years through stricter regulations, adoption of Basel III rules and closer monitoring of key trends and ...

 Feb 8 2016 - MPHC Qatar registers USD 0.30bn net income in 2015MENAFN
(MENAFN) Mesaieed Petrochemical Holding Co. (MPHC), a subsidiary of Qatar Petroleum and one of the local's premier petrochemical conglomerates, logged a net income of USD 0.30bn for 2015.Furthermore, ...

 Feb 8 2016 - Thousands of Syrians brave cold, rain at Turkish borderGulf Times
(MENAFN - Gulf Times) Thousands of Syrians were braving cold and rain at the Turkish border on Saturday after fleeing a Russian-backed regime assault on Aleppo in northern Syria that threatens a ...

 Feb 8 2016 - Ministry of Justice and Development Planning Complete Sports Day PreparationsQatar News Agency
(MENAFN - Qatar News Agency) Doha, February 07 (QNA) - The Ministry of Justice and the Ministry of Developmental Planning and statistics completed Sunday their preparations for Qatar Sports Day. ...

 Feb 8 2016 - HOTAC's Egypt net profit to decline by 30 percentMENAFN
(MENAFN) According to Chairwoman of the Holding Co. for Tourism, Hotels, and Cinema (HOTAC) predicted that incomes of the financial year 2015/2016 will decline by 30 percent.Additionally, HOTAC's ...

 Feb 8 2016 - Pakistan's Shah gets three month drug suspension: ICC - Cricket-related activitiesArab Times
(MENAFN - Arab Times) Pakistan leg-spinner Yasir Shah has been banned for three months after pleading guilty for a failed dope test last year, the International Cricket Council (ICC) said ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help