Jan 29 2012 |
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Dubai Financial Market inaugurates its educational trading floor at Dubai Men's College
The leading regional initiative reaffirms DFM 's commitment to Corporate Social Responsibility
As a micro version of the Dubai Financial Market 's main trading floor, the new educational facility at Dubai Men's College includes two screens and a ticker directly linked with the DFM 's trading engine to display the trading activity and real time market data. The walls of the trading floor have been designed to reflect the precise look and feel of DFM 's trading floor.
As part of its plans to enhance the effectiveness of the educational trading floor the Dubai Financial Market plans to regularly organize interactive workshops in cooperation with renowned experts to train students and deepen their knowledge of financial markets.
"The Dubai Financial Market is currently putting the final touches on a similar project that will see the exchange inaugurating yet another educational trading floor at The American University in the UAE over the next two months, in light of the enthusiasm and interaction showed by the students of the Dubai Men's College and the positive reactions on the role of this project in putting theoretical studies into practice and educating students on the financial markets", Al Khadhar said.
Dr Leo Chavez, Director of Dubai Men's College said: "Dubai Men's College is delighted to be partnering Dubai Financial Market in this initiative. It is important for our students to understand both the opportunities and risks of stock market operations and the real life experience offered by the Educational Trading Floor is an excellent way to do this. We look forward to building on our relationship with DFM in the future for the benefit of our students and the wider community."
-Ends-
About
Dubai Financial Market
:
Dubai Financial Market
(
DFM
) was established as a public institution with its own independent corporate body.
DFM
operates as a secondary market for the trading of securities issued by public shareholding companies, bonds issued by the Federal Government or any of the local Governments and public institutions in the country, units of investment funds and any other financial instruments, local or foreign, which are accepted by the market. The
DFM
commenced operations on March 26, 2000. Following its initial public offering in November 2006, when
DFM
offered 1.6 billion shares, representing 20 per cent of its paid-up capital of AED 8 billion,
DFM
became a public joint stock company. Following the IPO, the Government of Dubai retained the remaining 80 per cent of
DFM
Company through
Borse Dubai
Limited. www.dfm.ae
For further information, please contact:
Atef Fathy
Vice President- Media & Public Relations
Dubai Financial Market
Tel: 04-3055334
Email: afathy@dfm.ae
© Press Release 2012
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