Dubai Financial Market PJSC
Year to date
-0.09 %
3 months
0.02 %
6 months
-0.11 %
1 year
-0.15 %
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 margin parameters for various financial instruments, effective from November 9, 2023. The base margin percentages range from 5% to 12%, with the base margin per contract and spread margin per contract specified for each instrument in AED or USD. The calculation methodology and eligible margin types 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 should not be considered a substitute for the DFM Regulated Derivative Contract Trading Regulation.