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01 january 2014
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Direct Market Access License

Details
This License Application allows brokerage companies located in the UAE to grant access to foreign Brokerage companies to trade in DFM.  


For more information on this service, please contact:
DFM Members Affairs
T: +971 4 305 5631
E: mc@dfm.ae

Fees
AED 10,000 initial fees to be paid once

Procedures
  • Provide Member Affairs with the company official request. 
  • Provide Member Affairs with required documents and forms to obtain DMA license. 
  • If required, member Affairs will set a  meeting with the brokerage company to present the company system (OMS), according to the technical requirements in DFM. 
  • Member Affairs sends the brokerage company a registration letter license to practice direct trading service (DMA) 
  • Member Affairs issue a press release regarding the registration in DMA service. 


Required Documents
  • Complete and submit DMA Service Form . 
  • Sign and submit the DFM Direct Market Access (DMA)  “Acknowledgement & Undertaking”. 
  • Complete and submit the “DFM Direct Market Access (DMA) Conformance Document”, to be signed by authorized signatories and Internal Audit of the Brokerage Company .

How to Apply?
Online through DFM eServices, email mc@dfm.ae, or in person at the DFM Market Control, Trading Floor, World Trade Centre, Dubai