DFM enrols Union Brokerage Company to margin trading members


Middle Eastern regional securities market Dubai Financial Market (DFM), which is governed and regulated by the UAE Securities and Commodities Authority (SCA), has announced that “Union Brokerage Company” has been accredited to provide Margin Trading service, lifting the total number of DFM brokerage firms providing this service to 33 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 ADCB Securities L.L.C
11 Securities & Investment Company UAE
12 Naeem Shares and Bonds
13 Mawarid Securities
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
28 Fujairah Shares & Bonds
29 Al Wathbah Shares & Bonds Center
30 Index Securities
31 Al Fajer Securities
32 International Financial Brokerage
33 Union Brokerage Company

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DFM enrols Union Brokerage Company to margin trading members

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