Press releases, Reports & Disclosures for Dubai Financial Market PJSC

The text is a formal communication dated 12th March 2024, from Ali Al Hashimi, the Chief Financial Officer of Dubai Financial Market (PJSC), to Dr. Maryam Buti Al Suwaidi, Chief Executive Officer of Securities and Commodities Authority in Abu Dhabi, and Mr. Hamed Ahmed Ali, Chief Executive Officer of Dubai Financial Market. The letter refers to a previous disclosure from the company dated 6th March 2024. It informs the recipients that the Board of Directors of the Dubai Financial Market has passed a resolution by circulation related to regular and internal matters.

The Dubai Financial Market has announced the availability of a new series of equity futures contracts, starting from 14 March 2024. The June 2024 SSFs Contract Series includes a variety of different securities, all of which will be de-listed on 20 June 2024. The contracts range from AIRARB FUT - June 2024 to SHUAA FUT - June 2024. The announcement can be found on the DFM website. However, this information is subject to change and should be cross-referenced with the Dubai Financial Market Regulated Derivative Contract Trading Regulation.

The Dubai Financial Market (DFM) has released margin parameters effective from 11th March 2024 for various underlying symbols including AIRARABIA, AlANSARI, ARMX, DEWA, DEYAAR, DFM, DFMGI, DIB, DIC, DU, EMAAR, EMAARDEV, EMIRATESNBD, EMPOWER, GFH, OMOIL, SALIK, and SHUAA. The base margin percentage ranges from 5% to 16%, with the base margin per contract and spread margin per contract also specified for each symbol. The methodology for Margin calculation and types of Eligible Margin can be found in the Derivatives Clearing Guidelines and Procedures. The announcement is available on the DFM website. The information is subject to change and is not a substitute for the relevant DFM Regulated Derivative Contract Trading Regulation.

BHM Capital Financial Services PSC has postponed its General Assembly Meeting due to the absence of a quorum. The delay is necessary to complete the required legal documents for the registration and attendance of the main investor's representative. The second General Assembly Meeting has been rescheduled for March 11, 2024, at the same time and location as previously planned. The notice was submitted through the EFSAH system to Mr. Hamed Ahmed Ali, the Chief Executive Officer of the Dubai Financial Market.