“This is a clear message to the European market that the DIFX, as the only exchange in the region to be regulated to international standards, offers access to a region witnessing tremendous growth,” Dr. Azzam said. “This listing is a new milestone in the development of the exchange and is expected to encourage more European companies to list on the exchange.”
Swiss-based FMI is the latest in a pipeline of companies to list equity products on the exchange, reflecting the confidence of the business and financial community in the DIFX.
FMI is a leading private European equity firm whose shares are also listed on the Frankfurt Stock Exchange. FMI lists its shares on the DIFX in a non-capital raising secondary listing.
Nasser Alshaali, Chief Operating Officer of the DIFX, commented: “We welcome the first continental European company to list on the DIFX. The success we have seen so far is just the beginning, as we expect to attract more international and regional listings in the coming months and broaden our range of products available.”
Commenting on the listing, Rene Mueller, Chief Executive of FMI, said: “This listing on the DIFX shows our commitment to the region. It is part of our global strategy in which the Middle East plays a vital role. We have planned a number of initiatives in the region.”
