Dubai's DFM licenses Al Ramz Capital, Al Ansari as short term margin trading providers

The total number of short term margin trading providers on the DFM increased to three brokerage firms

  
A general view shows the Dubai Financial Market after Joe Biden wins U.S. presidency, in Dubai, United Arab Emirates November 8, 2020.

A general view shows the Dubai Financial Market after Joe Biden wins U.S. presidency, in Dubai, United Arab Emirates November 8, 2020.

REUTERS/Christopher Pike
Dubai - The Dubai Financial Market (DFM) has granted Al Ramz Capital and Al Ansari Financial Services the short term margin trading license.

The total number of short term margin trading providers on the DFM increased to three brokerage firms, the DFM recently announced on its official Twitter account.

The short term margin trading was recently added to the DFM, as part of the market's objective to introduce new services and mechanisms to support trading activities.

The new service also enables brokerage firms to provide investors with value-added services and financial solutions.

It is noteworthy to mention that in early January, the DFM has licensed BH Mubasher as the first short term margin trading provider.

Source: Mubasher

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