BACKGROUND
Dubai Financial Market was established as a public institution having its own independent corporate body by a Resolution from the Ministry of Economy No 14 of 2000.
DFM is operating as a secondary market for trading of securities issued by public joint-stock companies, bonds issued by the Federal Government or any of the Local Governments and public institutions in the country, units of investment funds and any other financial instruments, local or foreign, which are accepted by the Market. The Market commenced operations on 26th March 2000.
As decided by the Executive Council Decree on 27th December 2005, DFM us set up as a Public Joint stock Company in the UAE with paid up capital of AED 8 Billion allocated over 8 Billion shares, with a par value of AED 1.6 per share, and the twenty percent (20%) of DFM shares be offered for public subscription. This IPO, the first of its kind in the region, was highly oversubscribed and generated more than AED 201 billion.
The trading of shares of Dubai Financial Market (DFM) began on Wednesday 7th March 2007.
VISION
The World Class Regional Marketplace.
MISSION STATEMENT
To provide stakeholders with innovative services in conducting trading, clearing, settlement and depository of securities, in an efficient, transparent and liquid environment.
DFM VALUES
The following five key values guide the exchange’s behavior internally and externally:
Transparency
We prioritise transparency across all our actions and decisions.
Efficiency
We focus on building efficiency into every aspect of our operations.
Confidentiality
We accord the utmost confidentiality to our clients and their interests.
Innovation
We believe the future depends on the innovation we empower today.
Integrity
We conduct ourselves with unconditional integrity and ethics.
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