Dubai – Mubasher: The Dubai Financial Market (DFM) has accredited AI Safwa Mubasher Financial Services to provide Direct Market Access (DMA) for global brokers, according to a bourse statement.
As a result, the number of DMA service providers rose to 14 brokerage firms.
“DMA permits brokerage companies to mandate a global broker to use its DMA access point to place buy and sell orders as some sort of electronic trading via the internet, allowing global brokers to directly trade on the market,” the statement highlighted..
