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 
1EFG-HERMES UAE BROKERAGE
2Al Ramz Securities
3Direct Broker For Financial Services
4NBAD Securities
5Finance House Securities Company
6Al Ansari Financial Services
7ADIB Securities
8Mena Corp Financial Services
9Vision Capital Brokerage Company
10ADCB Securities L.L.C
11Securities & Investment Company UAE
12Naeem Shares and Bonds
13Mawarid Securities
14Awraq Islamic for Shares and Bonds
15Al Dar Shares and Bonds
16Daman Securities
17Pioneers Securities
18Al Dhafra Financial Broker
19Delma Brokerage
20AL Safwa Islamic Financial Services
21Global For Shares & Bonds
22Al Fardan Financial Services
23Al Brooge Securities
24Al-Sharhan Stock Center
25“Al Hadaf Financial Securities”
26Brokerage House Securities
27First Gulf Financial Services
28Fujairah Shares & Bonds
29Al Wathbah Shares & Bonds Center
30Index Securities
31Al Fajer Securities
32International Financial Brokerage
33Union Brokerage Company

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DFM enrols Union Brokerage Company to margin trading members

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