Mondo Visione Worldwide Financial Markets Intelligence

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DFM Enrols “Al Wathbah Shares & Bonds Center” To Margin Trading Members

Date 22/06/2015

Dubai Financial Market (DFM) today announced that “Al Wathbah Shares & Bonds Center” has been accredited to provide Margin Trading service, lifting the total number of DFM brokerage firms providing this service to 29 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: 

 

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

10

ADCB Securities L.L.C

11

Securities & Investment Company UAE

12

Naeem Shares and Bonds

13

Mawarid Securities

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

28

Fujairah Shares & Bonds

29

Al Wathbah Shares & Bonds Center