Dubai Financial Market PJSC
Year to date
-0.09 %
3 months
0.01 %
6 months
-0.12 %
1 year
-0.23 %
3 years
0.00 %
5 years
0.00 %
Country of Origin: United Arab Emirates (U.A.E)
Dubai Financial Market (DFM) – PJSC (the “Company”) is a Public Joint Stock Company incorporated in the Emirate of Dubai – United Arab Emirates, pursuant to decree No. 62 for the year 2007 issued by the Ministry of Economy on February 6, 2007, and is subject to the provision of the UAE, Federal Law No. 8 for the year 1984 and its amendments.
The licensed activities of the company are trading in financial instruments, acting as commercial, industrial and agricultural holding and trust company, financial investment consultancy, and brokerage local and foreign shares and bonds. In accordance with its Articles of Association, the Company complies in all its activities, operations and formalities with the provisions of Islamic Shari’a and shall invest its entire fund in accordance with these provisions.
The company’s shares are listed on the Dubai Financial Market (“DFM”). The company currently operates the Dubai Stock Exchange, related clearing house and carries out investment activities on its own behalf.
The ultimate parent and controlling party is the Government of Dubai which owns 80% of DFM through Borse Dubai Limited (the “parent”), a Government of Dubai entity.
Latest Pressrelease Summaries
Threads
The Dubai Financial Market (DFM) has released its margin parameters for various financial instruments, effective from May 9, 2024. The base margin percentages range from 5% to 13%, with the base margin per contract varying between AED 2 and AED 2048, and USD 767 for OMOIL. The spread margin per contract ranges from 1 to 410. The DFM has also provided links to its guidelines and procedures for margin calculation and eligible margin types. The information is subject to change and should be used in conjunction with the DFM's Regulated Derivative Contract Trading Regulation.
The National General Insurance Company PSC (NGI) has processed a corporate action today, distributing bonus shares. These have been credited into the accounts of investors with trading members, custodian members, or the registry account with Dubai CSD, based on the owned balances in each of these accounts as of the closing date (26/04/2024).
A new contract series for equity futures products will be available for trading on the Dubai Financial Market from 9 May 2024 until 15 August 2024. The series includes futures contracts for various securities including AIRARB, ANSRI, ARMX, DEWA, DEYAAR, DFM, DFMGI, DIB, DIC, DU, EMAAR, EMPWR, EMRDEV, ENBD, GFH, SALIK, and SHUAA. The announcement and further details can be found on the Dubai Financial Market's website. It's noted that the information is subject to change and the Dubai Financial Market Regulated Derivative Contract Trading Regulation prevails in case of any inconsistency.
The DFM Regulated Short Sell weekly trading summary for the period 29th April to 3rd May 2024 shows that GFH Financial Group B.S.C. had a short sell trade volume of 2,000,000 with a trade value of AED 2,160,000.00. Additional information on Regulated Short Selling is available on the DFM Market Rules Module Three Membership, Trading, And Derivatives Rules, and Operational Model and Procedures for Implementation. This information is subject to change and DFM holds no liability for any loss resulting from the use of this data.