Unified UAE Legislation Database

Dubai Financial Market Membership, Trading, And Derivatives Rules

Status

In force

Issuing Authority

Dubai Financial Market

Effective date

XX.XX.XXXX

Official Link

https://

1. PRELIMINARY 

1.1 Introduction 

(a) This Module contains the Market’s rules on: 

(i) Members and the main activities that they may carry out on the Market; and 

(ii) the Market’s criteria and process for admitting persons as Members (including Foreign 
Members), as well as for carrying out other activities on the Market; and

(iii) the continuing obligations of Members; and 

(iv) specific provisions on: 

(A) Direct Market Access; and 

(B) Electronic Trading; and 

(C) Proprietary Trading; and 

(D) Market Making; and 

(E) Liquidity Provider activity; and 

(F) Regulated Short Selling; and 

(G) Allocation Accounts provision; and 

(H) Omnibus Accounts; and 

(I) Margin Trading; and 

(J) Short Term Margin Trading; and 

(K) Price Stabilisation; and 

(L) Authorised Investment Fund Participant activity; and

(M) Derivatives Membership and Trading; and 

(v) the Market’s general trading rules for Members; and 

(vi) any other subject deemed relevant by the Market. 

 

(b) Failure to comply with any of these Rules will amount to a contravention, in respect of which remedial action may be taken and penalties may be imposed, at the M...