Dubai – Mubasher: Dubai Financial Market (DFM) announced Monday that total value of margin trading reached AED 58.3 billion, or 19.26% of the market’s total trading value during 2015.
The number of margin trading transactions reached to 534,952 in the same year.
DFM also announced today that “International Financial Brokerage” has been accredited to provide margin trading service, lifting the total number of DFM brokerage firms providing this service to 32 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.
