Media ININ Economy We Trust
17-02-2019 Media in\ Dubai
Dubai Financial Market (DFM) today announced the launch of the new version of the foreign ownership page in the listed companies, providing customers with instantaneous and updated data every two minutes during the trading session on the “current” equity ratios as well as on the “available” shares of foreign investment offered by adding a new As of Sunday’s trading session.
“The vision and mission of the DFM is to consolidate its position as a regional financial market by international standards that provide customers with advanced trading, clearing and settlement services in a transparent and fair business environment in accordance with international best practices and to this end,” said Mariam Fikri, Chief Operating Officer and Head of Clearing, Settlement and Depository at DFM. The market is always working to develop the services of the site as the main source to be returned to the investor to obtain the information and data necessary for investment in the market .. Stressing their desire to improve and expand the scope of the foreign ownership page on the Internet The network is signed to provide an update of the actual ownership every two minutes during the trading session in addition to adding the ratio of shares available for ownership and trading for all groups, giving investors higher levels of transparency.
One of the main advantages of the new foreign ownership page is the update of rates in the “current” and “available” categories every two minutes during trading hours, and updated every hour after trading hours each business day reflecting any developments unrelated to trading activities / if any In addition to the reclassification of categories of nationality to include three categories as follows: Citizens, Gulfs and foreigners after the integration of the Arab category with foreigners The new page also provides a feature to search for historical data using the company name and date.
