UAE- DFM accredits Integrated Securities for Direct Market Access

2/25/2016 4:46:35 AM

(MENAFN- Emirates News Agency (WAM))

DUBAI 25th February 2016 (WAM) -- Dubai Financial Market DFM today announced that Integrated Securities has been accredited to provide Direct Market Access DMA for global brokers lifting the number of DMA service providers to 12 brokerage firms. The exchange is currently processing similar applications from other brokerage firms in collaboration with the Securities and Commodities Authority SCA.

DMA permits brokerage companies to mandate a global broker to use its DMA access point to place buy and sell orders as some sort of electronic trading via the internet allowing global brokers to directly trade on the market. This development underlines the growing interest from international investors towards DFM listed securities.

WAM/Esraa/Moran

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