Dubai Financial Market PJSC

A new series of equity futures contracts will be available for trading on the Dubai Financial Market starting December 12, 2024. These contracts, set to expire on March 20, 2025, include various futures such as AIRARB, ANSRI, ARMX, DEWA, DEYAAR, DFM, DFMGI, DIB, DIC, DU, EMAAR, EMPWR, EMRDEV, ENBD, GFH, SALIK, and SHUAA. The official announcement and further details can be found on the Dubai Financial Market's website. Note that the information is subject to change and the Dubai Financial Market Regulated Derivative Contract Trading Regulation will take precedence in case of any discrepancies.

Talabat has successfully debuted on the Dubai Financial Market (DFM) with the largest global technology IPO of 2024, raising approximately AED 7.5 billion (USD 2.0 billion). This IPO is also the largest in the GCC this year and the first technology sector IPO on DFM. Priced at AED 1.60 per share, Talabat's market capitalization at listing is around AED 37.3 billion (USD 10.1 billion). The offering received significant interest from local, regional, and international investors, resulting in oversubscription. Major investors included Emirates NBD AM SPC, the Abu Dhabi Pension Fund, and Emirates International Investment Company LLC. Delivery Hero SE, listed on the Frankfurt Stock Exchange, remains the majority shareholder. Talabat's listing is the third on DFM in 2024, reinforcing Dubai's position as a global financial hub. The event was marked by a market-opening ceremony attended by key figures including Talabat's CEO Tomaso Rodriguez and DFM's leadership.

The Dubai Financial Market (DFM) released a weekly summary for regulated short sell transactions from December 4 to December 6, 2024. During this period, Parkin Company P.J.S.C. had a short sell trade volume of 975 and a trade value of 5,216.25 AED. For more details on regulated short selling, refer to DFM's Market Rules and Operational Model available on their website. The announcement is also accessible online. The information provided is subject to change, and DFM is not responsible for any losses incurred from using this data.

The Dubai Financial Market (DFM) has announced margin parameters for futures contracts effective from December 9, 2024. The document lists various underlying symbols with their respective base margin percentages, currencies, and base margin per contract, as well as spread margin per contract. For example, AIRARABIA has a base margin of 6% and a spread margin of 4 AED per contract, while SHUAA has a base margin of 18% and a spread margin of 1 AED per contract. The methodology for margin calculation and types of eligible margin are detailed in the Derivatives Clearing Guidelines and Procedures, accessible via a provided link. The announcement can also be found on the DFM website. A disclaimer notes that the information is subject to change and advises consulting the Dubai Financial Market Regulated Derivative Contract Trading Regulation in case of inconsistencies.