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you will find the most important informations about
Dubai United Arab Emirates |
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Listing of United Arab Emirates Travel Tips
Dubai
Financial Market
In
line with the high international standards prevailing in
todays professional and technology driven securities
markets, the Dubai Financial Market has been established
to create a fair, efficient and transparent marketplace
that serves the interest of the national economy. It provides
a forum for the trade of securities, providing investors
with opportunities to invest their funds in a manner that
benefits them and serves the interest of the UAE economy.
DFM
has been set up to facilitate the protection of investors
against unfair and improper practices. Codes of conduct
have been established for brokers and other operators in
the DFM with a view to enhance their efficiency and professional
performance. DFM is equipped with state of the art systems
and technology to provide maximum liquidity in securities
trading through the interaction of supply and demand to
determine the fair price of securities. In addition, the
DFM protects the rights of the investors by building the
foundation, which regulates the investors trading activities.
The DFM has a fully integrated and automated system that
also ensures speed and accuracy in the transfer of share
ownership.
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Objective
of Dubai Financial Market:
Dubai Financial Market has been established as a public institution
having its own independent body corporate. At its first stage,
DFM is intended to operate as a secondary market for trading
of securities issued by public shareholding companies, bonds
issued by the Federal Government or any of the Local Governments
and public institutions in the country, investment units issued
by local investment funds and any other financial instruments,
local or foreign, which are accepted by the Market. Located
in the Dubai World Trade Center, the DFM constantly seeks to
accomplish its objectives of creating a transparent, fair and
efficient marketplace capable of protecting investments and
savings of investors in general and small investors in particular.
In order to achieves these objectives the Market seeks to:
Provide
the opportunity to invest in securities in a manner that better
serves the national economy.
- Creating
liquidity in the marketplace through the people interaction
of supply and demand based on fair and equitable trading
practices between investors.
- Implementing
rules of professional conduct and discipline between brokers
and DFM staff to maintain a high level of integrity and
provide them with proper training.
- The
collection of data and statistics bout traded securities
and issuing reports based on this information.
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