Dubai - MENA Herald: Dubai Financial Market (DFM) today announced that “Sharjah Islamic Financial Services” has been accredited to provide Margin Trading service, lifting the total number of DFM brokerage firms providing this service to 34 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
Integrated Securities
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
34
Sharjah Islamic Financial Services
