Unified UAE Legislation Database

Dubai Financial Market Indices Procedures

Status

In force

Issuing Authority

Dubai Financial Market

Effective date

XX.XX.XXXX

Official Link

https://

1. Introduction

These procedures govern and apply to all DFM Indices as constructed from time to time. The DFM Indices consist of all Indices mentioned under Section DFM Indices of these Index Procedures. 

 

The Market is the Index Owner of all DFM Indices and has appointed S&P Dow Jones Indices as Index Calculation Agent. S&P Dow Jones Indices is a world’s leading resource for benchmarks and investible indices, our solutions are widely considered indispensable in tracking market performance, evaluating portfolios and developing investment strategies.

 

The Index Owner may appoint an alternative Index Calculation Agent, in accordance with the terms and conditions of the applicable agreement. The Market has established an independent internal committee as independent supervisor to the methodology and changes thereof.

 

These DFM Index Procedures are complemented by the Calculation Agents Methodology (Appendix 1) which form an integral part of the DFM Index Procedures. Together, they provide the necessary detail with respect to the policies, procedures and calculations applied. References throughout the procedure document directs the reader ...