Dubai, UAE--Brokerage firms at the Dubai Financial Market (DFM) opened 57,054 new investor accounts in 2023, marking a significant increase of 12.5% over the previous year, according to data released by the DFM. The growth was driven by a number of factors, including the strong momentum in the market since...
DFM adds new investor accounts
The brokerage firms added 26,953 new accounts in H1.
DGCX licensed brokerage firms can now become DFM derivatives members
Dubai Financial Market (DFM) said Monday that it has obtained the approval of the Securities and Commodities Authority (SCA) to allow the Dubai Gold and Commodities Exchange (DGCX) licensed brokerage firms to become DFM derivatives members and to provide their services in the market for the first time. Currently, there...BHM posts 125 percent rise in profit
The company nearly doubled its brokerage revenues in 2021.
Securrency Capital picks advisor
Ryan Lemand has joined the brokerage as a board advisor.Dubai Financial Market announces new trading hours from 3 Jan 2022
Dubai Financial Market (DFM) has announced new trading hours from 3 January 2022. The new trading session of five hours will be between 10 AM and 3 PM from Monday to Friday. The new trading window aligns with local and international financial institutions. The new trading hours will contribute to...
