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
Threads
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.
The Dubai Financial Market (DFM) released a weekly summary of regulated short sell transactions for the period from November 25 to November 29, 2024. During this period, Emaar Properties PJSC had a short sell trade volume of 6 and a trade value of 58.62 AED. For more details on regulated short selling, refer to the DFM Market Rules and Operational Model available on their website. The announcement can also be accessed online. The document includes a disclaimer stating that the information is subject to change and that DFM is not liable for any losses resulting from the use of this data.