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Dubai Financial Market Accredited Brokers for Direct Market Access
Dec 31, 2013
Dubai Financial Market (DFM) have accredited 2 new brokers to provide Direct Market access (DMA) lifting the number of DMA service providers to reach in total 4 brokerage firms.

The exchange is currently processing similar applications from other brokerage firms in collaboration with the Securities and Commodities Authority (SCA).DMA permits local brokerage companies to mandate a global broker to use its DMA access point to place buy and sell orders as some sort of electronic trading via the internet, allowing global brokers to directly trade on the market. This development underlines the growing interest from international investors towards DFM listed securities 

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