• The value of Margin Trading is amounted to AED 48.5 billion, representing 8.5% of DFM trading value 
• DFM enrols 4 new brokerage firms to accredited Margin Trading members
• The number of providers jumps to 16 after accrediting Al Jazeera Financial Services, Awraq Islamic for Shares and Bonds, Al Dar Shares and Bonds and Daman Securities

Dubai Financial Market (DFM) today announced that Al Jazeera Financial Services, Awraq Islamic for Shares and Bonds, Al Dar Shares and Bonds and Daman Securities have been accredited to provide Margin Trading, lifting the total number of DFM brokerage firms providing this service to 16 companies.

Since its introduction in 2012, the value of margin trading on DFM is amounted to AED 48.5 billion, equivalent to 8.5% of total trading value.

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: