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10:00
01 january 2014
Home > Products > Services Catalogue > Services Details

Username for Clearing System (AS 400)

Details

Application for Clearing System (AS 400) access:

  • For 6 users of brokers' representatives
  • For each additional username

For more information on this service, please contact:
DFM Customer Services
T: +971 4 305 5555
E: customerservice@dfm.ae

Fees
  • AED 25,000 per year
  • AED 1,000 per year

Procedures
  • DFM Members Affairs department sends an email (before month end) with detailed information related to the Brokerage Company 
  • Brokerage Company reviews, approves and signs the information provided and sends back to DFM Members Affairs along with supporting documents (please see below required documents)
  • DFM Members Affairs department receives and reviews the documents 
  • DFM Members Affairs department approves and renews request

Please refer to the above mentioned procedures (the annual renewal for brokerage firm license) for more details

Required Documents
None

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

FAQs

We require an official letter of request which should be signed by the authorized person along with the company’s stamp, and include the following details:
  • Employee name in English according to the passport for system entry.
  • Specify your request for one or both systems: X-Stream and / or Equator (AS400) 
  • Attach the DFM accreditation letter with your request for username requests on the X-Stream system.
  • Specify privileges for any username request on the Equator (AS400) system:
    • Query / Read Option
    • Post / Write Option
  • Specify the required usernames on the X-Stream system:
    • Trader Username
    • Public Username
    • Internet Trading Username
    • Other (please specify)
The username request (letter) shall be submitted to the DFM Market Operations Department to proceed accordingly. Kindly note such requests are subject to fees.