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DFM enrolls new firm to margin trading members

DFM enrolls new firm to margin trading members
(Photo Credit: Arabianeye-Reuters)

Dubai – Mubasher: The Dubai Financial Market (DFM) said that World Financial Services has been accredited to provide margin trading services, according to a statement.

As a result, the total number of DFM brokerage firms providing this service rose to 35.

The service 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.