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10:00
01 january 2014
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Issuing Investor Number (Company/Institution/Bank/Fund/Brokerage Firm Listed at DFM)

Service ID
4.5.9

Details

Investors should request to obtain an Investor Number under the company’s name to give them the eligibility to trade on DFM and Nasdaq Dubai securities. Each investor can only request for one investor number.


Fees
Free of charge

Procedures

To submit the request via DFM eServices:

1. Register to DFM eServices at DFM Website or DFM Smart Services App

2. Login with the username and password

3. Select the eFORMS tab

4. Choose the form

5. Fill the required information

6. Click ‘Submit’

Alternatively, you can request a statement at the DFM Client Services Affairs Desk, in person:

  1. Complete the “Investor Number Request” Form and have it signed
  2. Submit the application with the documents to Clients Services Affairs Department
  3. An Investor Number will be issued and submitted to the authorized person
  4. An SMS will be sent with the NIN Number
 

Notes :

Investor’s specimen signature affixed on either the Investor Number Request Form must be certified by one of the following :

  1. DFM staff at DFM Client Services Affairs Desk
  2. Licensed Brokerage Firm at Dubai Financial Market
  3. An accredited Bank in UAE licensed by UAE Central Bank
  4. Notary Public and UAE embassy in foreign countries or by the UAE Ministry of Foreign Affairs

Required Documents

 
  • An original copy of a valid Memorandum of Association, Trade License and Commercial Register.
  • Authorized signatory letter issued by the company, duly authenticated.
  • Valid copy of the authorized signatory valid Passport or National ID.
  • Validcopy of the partners Passport or National ID
  • Bank statement or certified bank letter, mentioning clearly the IBAN.
  • Plus specific documentation depending on:
  • -If a Fund, a duly authenticated license letter from the Central Bank must be provided for the funds in UAE. For funds outside UAE, the authenticated documents from the official authorities must be attached.
    - If a Bank, a duly authenticated license letter from the Central Bank must be provided for the banks in UAE. For banks outside UAE, the authenticated documents from the official authorities must be attached.
    - If a Brokerage Firm listed at DFM,

    • True copy of Brokerage License form the UAE Securities Commodities Authority (SCA) or the Dubai Financial Services Authority (DFSA).
    • If sole Proprietorship, attach a letter of undertaking addressed to DFM stating that an Investor Number will not be opened under his/her personal name.
    • An Official Letter issued from Market Operations Department at DFM or from the UAE Securities Commodities Authority (SCA) that approves opening Investor Number at DFM.

    - Companies and Institutions licensed outside the UAE must authenticate official documents: Trade License, Commercial Register and Memorandum of Association, by UAE Ministry of Foreign Affairs or UAE embassy in those countries.


    How to Apply?
    Online through DFM eServices or in person at the DFM Client Affairs Department, Trading Floor, World Trade Centre, Dubai

    FAQs

    Your presence is not required if your signature on the form is authenticated by an accredited bank, a listed company or a brokerage firm licensed in DFM. Alternatively, a representative holding a duly authenticated Power of Attorney, can submit your form and must present your original passport (signed).
    Opening an Investor Number (NIN) is a free of charge service.