Dubai Financial Market PJSC
Year to date
-0.10 %
3 months
0.01 %
6 months
-0.14 %
1 year
-0.20 %
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 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.
A new series of May 2024 SSFs Contract Series for equity future products will be available for trading from 08 February 2024. The contracts include a variety of securities such as AIRA RB, ANSRI, ARMX, DEWA, DEYAAR, DFM, DFMGI, DIB, DIC, DU, EMAAR, EMPW R, EMRDEV, ENBD, GFH, SALIK, and SHUAA. These contracts will be delisted on 16 May 2024. The announcement is available on the Dubai Financial Market website. The information is subject to change and should not replace the Dubai Financial Market Regulated Derivative Contract Trading Regulation.