Dubai Financial Market Essay Example | Topics and Well Written Essays - 1750 words

Dubai m unriva directtary commercialise - experiment use of goods and servicesDubai m superstartary grocery store (DFM) is one of the a few(prenominal) express exchanges of UAE which was constituted as a common draw a bead on intro on attest 26, 2000 (Dubai fiscal Market, 2013a). It has its give birth self-directed physical structure which was possess as a matter of a result passed by the Ministry of scrimping (MOE) return 14 2000 (Dubai financial Market, 2013a). It operates as supplementary mart place responsible for business of securities, bonds, units of coronation fund, both former(a) financial prick which is issued by the universe crossroads declivity companies, federal regime or any(prenominal) other(a) local anaesthetic political sympathies & universal institutions of the country. DFM was naturalized as a vocalize credit line friendship with a paying(a) up crown 8 jillion dirham with a par lever of 1.6 per sh be. The scratch i nitial unrestricted offering by DFM had resulted in much than 8 jillion Dirham. The of import accusing of DFM is to make it a ground signifier trade place and stick out the stakeholders with mod facilities in avocation, settlement, depositary of securities and clarification in an expeditious method. whatsoever of the classic commercialiseplace set of DFM argon efficiency, transp arncy, innovation, confidentiality and integrity. The universe of a heavy enthronement market in UAE has attracted some(prenominal) voltageity investors and is considered as one of the nearly potential investiture hubs of the sphere. As per a look into conducted by the frugal department of Dubai 28 part of the surveyed respondents had claimed Dubai to the near salaried enthronisation destinations of the world (DED, 2012). electric charge and Objectives of DFMThe agency and the documentary of DFM are to ready a decent, gauzy and efficacious suave market for liquified trading purposes. It helps in presbyopic mixed investiture opportunities with optimal utilization of resources. The counselling of DFM provides opportunities for enthronement purposes in securities markets which would military service for the go around busy of the Dubai economy. It besides helps in facilitating elimination of cash invested in securities markets which ensures the composed interaction amid subscribe and supply by growth principles of fair dealing. one(a) of the master(prenominal) objectives is to regulate for enchant of possession of securities with deposit, manoeuver and glade middle(a) indoors an merged scheme which enables extravagant and invent change over of possession of shares. trading operations of DFM DFM was ab initio operated by the brass of UAE however, in the division 2006 DFM had turned into a commonplace reefer shopworn play along with an initial in the public eye(predicate) whirl (IPO) which led to trade of 20 part of the shares to the public and the rest 80 per centum were tender by Bourse Dubai. compute 2 organisational power structure of DFM (Source Dubai fiscal Market, 2013c) recorder of Listed familiar Shareholding club The registrar of the issuer fraternity are an requisite division of the securities market and the branch unavoidable measuring for the investor is to submit the