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Dubai Financial Market (DFM) today announced that “Vision Capital Brokerage Company” has been accredited to provide Margin Trading, lifting the total number of DFM brokerage firms providing this service to 9 companies, 6 of them have been accredited since the beginning of this year. 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.
Margin Trading service providers on DFM:
Company
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
