Your Trusted Clearing House



A member will be required to sign an agreement with Dubai Clear for clearing services. Dubai Clear members will be required to be approved by the Securities and Commodities Authority (SCA) before applying for a Dubai Clear membership.


Types of Membership

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The following categories of membership are provided by Dubai Clear:

  1. Trading Clearing Member (TCM)
    Authorized to clear proprietary and client trades executed by the member as a Trading Member of the DFM.

  2. General Clearing Member (GCM)
    Authorized to clear proprietary and client trades executed by member as a Trading Member of DFM or trades executed by any other Non-Clearing Trading Member of DFM.

  3. Settlement Agent (SA) 
    Authorized to settle Delivery Versus Payment (DVP) trades on behalf of Clearing Members.

The requirements for each category of membership are set out below:

Membership Category

Minimum Collateral Requirement

Securities Market

Derivatives Market

Both Securities & Derivatives Market

Trade Clearing Member (TCM)

AED 10 million

AED 5 million

AED 15 million

General Clearing Member (GCM)

AED 50 million

AED 10 million

AED 50 million

Settlement Agent (SA)

AED 50 million




Note: While the above 3 categories of membership are allowed for Securities market (Cash market) only the Trade Clearing Members and General Clearing Members Membership Type are applicable for Clearing Membership on Derivatives Market.


New Clearing Member

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The following institutions may apply for Clearing Membership with Dubai Clear LLC:

  1. A Trading Member of a stock exchange clearing and settling trades for itself and/or its clients (Trading Clearing Member)

  2. A General Clearing Member (GCM) licensed by SCA to conduct the business activities of a general clearing member pursuant to The Authority’s Board of Directors’ Decision No. (36/R.M) of 2019 Concerning General Clearing Member Activity

SCA Regulations

The ‘Procedures for Registration of Trading Clearing Members, Clearing Members & Settlement Agent’ can be found under the Dubai Clear ‘Regulations, Policies and Procedures’ section.


Dubai Clear Members

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Trading Clearing Members

View List

General Clearing Members (GCM)

Abu Dhabi Commercial Bank

Emirates NBD Bank

Settlement Agents (SA)

Citibank N.A. UAE

Deutsche Bank AG

First Abu Dhabi Bank

HSBC Bank Middle East Limited

National Bank of Abu Dhabi PJSC

Standard Chartered Bank

Visit Dubai CSD for Depository Members
Visit DFM for Trading Members