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Regulators

DFM enrols “First Gulf Financial Services” to Margin Trading members 

12 May 2015 by OneStopBrokers
Dubai Financial Market

Dubai Financial Market (DFM) announced that “First Gulf Financial Services” has been accredited to provide Margin Trading service, lifting the total number of DFM brokerage firms providing this service to 27 companies.

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. DFM is currently processing similar applications from other brokerage firms in collaboration with the Securities and Commodities Authority (SCA).

Margin Trading service providers on DFM:

  1. EFG-HERMES UAE BROKERAGE
  2. Al Ramz Securities
  3. Direct Broker For Financial Services
  4. NBAD Securities
  5. Finance House Securities Company
  6. Al Ansari Financial Services
  7. ADIB Securities
  8. Mena Corp Financial Services
  9. Vision Capital Brokerage Company
  10. Al Dhabi Brokerage
  11. Securities & Investment Company UAE
  12. Naeem Shares and Bonds
  13. Al Jazeera Financial Services
  14. Awraq Islamic for Shares and Bonds
  15. Al Dar Shares and Bonds
  16. Daman Securities
  17. Pioneers Securities
  18. Al Dhafra Financial Broker
  19. Delma Brokerage
  20. AL Safwa Islamic Financial Services
  21. Global For Shares & Bonds
  22. Al Fardan Financial Services
  23. Al Brooge Securities
  24. Al-Sharhan Stock Center
  25. “Al Hadaf Financial Securities”
  26. Brokerage House Securities
  27. First Gulf Financial Services

Source: Dubai Financial Market (DFM)

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