• AMCUAEFund performance for the month of October 2018
  • ASNICBOD meeting
10:00
01 january 2014
Home > Products > Services Catalogue > Services Details

Direct Market Access License

Service ID
5.3.17

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 20,000 initial fees to be paid once

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