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Dubai Financial Market (DFM), the Arab Gulf’s only listed stock exchange, reported that it has accredited a new company to provide Direct Market Access (DMA) for global brokers. Accordingly, the number of DMA service providers will increase to 13 brokerage firms, said a bourse filling.
Global for Shares & Bonds Company has been approved today by DFM to provide Direct Market Access (DMA) facilities in the Middle East’s largest financial centre.
Earlier last month, Dubai Financial Market reported a 60 percent drop in its Q2 2016 net profit as revenues fell to $27.3 million in the three months ending June 30.
As a ... (read more)