Dubai Financial Market PJSC
About Dubai Financial Market PJSC
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 from Dubai Financial Market PJSC
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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.
The Dubai Financial Market (DFM) and the Swiss Financial Market Infrastructure Group (SIX) have announced a strategic partnership aimed at fostering mutual growth and innovation in the global financial landscape. The agreement, signed during the Capital Market Summit, focuses on exploring dual/cross-listing opportunities, simplifying the process of transferring shares between exchanges, and sharing best practices and market data. The initiative also aims to expand market access and boost investment prospects in both regions. The partnership includes the Dubai Central Securities Depository LLC and Dubai Clear LLC under the DFM umbrella, who will work with SIX to establish Central Securities Depository links to facilitate share fungibility and cross-border transfers.