Press releases, Reports & Disclosures for Dubai Financial Market PJSC
On February 9, 2024, a letter was sent by Haitham Mohamed El Gebali, Legal Counsel & Board Secretary of Dubai Financial Market (PJSC), to Dr. Maryam Buti Al Suwaidi, CEO of Securities and Commodities Authority in Abu Dhabi, and Mr. Hamed Ahmed Ali, CEO of Dubai Financial Market. The letter disclosed that the board of directors of the Dubai Financial Market company will pass a resolution concerning ordinary and internal matters by circulation no later than February 14, 2024.
The Dubai Financial Market (DFM) has released the margin parameters for various underlying symbols effective from 9th February 2024. The base margin percentages range from 5% to 13%, with the base margin per contract and spread margin per contract also varying. The information is subject to change and is not a substitute for the relevant DFM Regulated Derivative Contract Trading Regulation. The methodology for margin calculation and types of eligible margin can be found in the Derivatives Clearing Guidelines and Procedures on the DFM website.