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Dubai Financial Market Enrols “First Gulf Financial Services” to Margin Trading Members
May 11, 2015
Dubai Financial Market (DFM) today announced that “First Gulf Financial Services” has been accredited to provide Margin Trading service, lifting the total number of DFM brokerage firms providing this service to 27 companies.
 
Margin Trading permits brokerage companies to fund a percentage of the market value of securities traded, and secure as collateral for the same securities or any other collateral as required by the SCA’s license. DFM is currently processing similar applications from other brokerage firms in collaboration with the Securities and Commodities Authority (SCA).

Margin Trading service providers on DFM:
         Company
1       EFG-HERMES UAE BROKERAGE
2       Al Ramz Securities
3       Direct Broker For Financial Services
4       NBAD Securities
5       Finance House Securities Company
6       Al Ansari Financial Services
7       ADIB Securities
8       Mena Corp Financial Services
9       Vision Capital Brokerage Company
10     Al Dhabi Brokerage
11     Securities & Investment Company UAE
12     Naeem Shares and Bonds
13     Al Jazeera Financial Services
14     Awraq Islamic for Shares and Bonds
15     Al Dar Shares and Bonds
16     Daman Securities
17     Pioneers Securities
18     Al Dhafra Financial Broker
19     Delma Brokerage
20     AL Safwa Islamic Financial Services
21     Global For Shares & Bonds
22     Al Fardan Financial Services
23     Al Brooge Securities
24     Al-Sharhan Stock Center
25     “Al Hadaf Financial Securities”
26     Brokerage House Securities
27     First Gulf Financial Services

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