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01 january 2014
Home > Products > Services Catalogue > Services Details

Extreme Trading System - Username Request

Service ID
5.3.12

Details

Brokerage companies' access to the Extreme Trading System includes the following services:

  • 6 new users or less 
  • 6 users from brokers' representatives
  • One username for the DFM screen
  • Username for online trading
  • FIX username
  • MDF username
  • Additional usernames for DMA, for each independent network connected to DMA service
  • Username for mobile trading
  • Username for other services
  • Username replacement in trading and clearing systems, instead of the cancelled username which was renewed within one year

For more information on this service, please contact:

DFM Members Affairs
T: +971 4 305 5631
E: mc@dfm.ae


Fees
  • AED 25,000 for 6 Traders annually / AED 3,000 for 1 extra trader user annually

  • AED 1,000 for 1 Public user annually

  • AED 5,000 for Internet Trading user annually

  • AED 3,000 for FIX user annually

  • AED 3,000 for MDF user annually

  • AED 5,000 for DMA per user for each separate network connected on DMA service annually

  • AED 5,000 for Mobile Trading  user annually

  • AED 5,000 for Other Service user annually

  • AED 100 for Replacing any paid user on X-Stream system which was included within the renewal package. And will apply the renewal fees as stated above on this user at beginning of next year.

  • Post renewal, AED 3,000 will be charged towards issuance for each additional trader user request which was not part of the package for the rest of the renewal term. And will apply the renewal fees as stated above on this user at beginning of next year.

  • Post renewal, AED 1,000 will be charged towards issuance & user fees for each additional public user request which was not part of the package for the rest of the renewal term. And will apply the renewal fees as stated above on this user at beginning of next year.

  •  AED 50 for username reset password.


Procedures
  • Broker sends username request to DFM Members Affairs
  • DFM Market Control sends "Extreme Trading System Username" form and required documents from broker in order to complete request 
  • Broker completes and submits form along with documents to DFM Market Control
  • DFM Market Control receives and reviews the form and supporting documents 
    1. Verification Certificates from SCA and DFM for the requesting Broker
    2. Authorized signatories
    3. A list of employees' names 
  • DFM Market Control approves request and sends username and password 

Required Documents
  • Trading system username request form

  • Verification Certificates from SCA and DFM for the requesting Broker

  • Authorized signatories

  • A list of employees' names 


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