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Dubai Financial Market: Postponement Of Three Decimal Tick Size On Securities With A Market Value Below AED 1 In Response To Brokers Request

Date 10/03/2010

Dubai Financial Market (DFM) announces that the introduction of three decimal Tick Size system on securities with a market value below AED 1, which was due on Thursday, March 11th 2010 will be postponed until further notice, in response to brokers’ request.

It is noteworthy that brokerage firms have asked for more time to complete their preparations in coordination with vendors and to ensure that their clients are fully aware of this development.