Long and short stock options dubai


The local custodian does not receive a settlement instruction from the investor via Clearstream by market deadline of The rejection of partial trades is not permitted. However, the investor will be subject to penalty charges imposed by the exchange and passed on via the custodian.

Under DFM regulations, OTC transactions for exchange members may be negotiated off-exchange but the resulting trade must take place on-exchange. Therefore, Clearstream customers will be required to cross external transactions on the DFM trading platform via their brokers. Brokers will also be required to report these transactions to the exchange. The Dubai market is fully dematerialised. The DFM mechanism requires pre-validation of available securities and mandatory settlement at the point of trade execution on the exchange.

Investors must ensure that a purchase order is initiated first prior to a sell order being placed via a local broker as all sell orders are validated against the availability of the NIN. Back to page Print. The custody is only accessible to the custodian and the CSD itself that is, not the broker. The account is used for the safekeeping of securities.

Clearstream customers are required to advise their brokers of the NIN number when placing a trade with a broker. Purchased securities are received into this account before the subcustodian can transfer them to the custody account. Likewise, securities to be sold are transferred onto this account from the custody account in order for the transaction to take place. Securities are not available for trading while they are held in the custody account.

The Custodian responsible for the NIN is required to grant a specific broker access to the NIN; certain custodians grant this access on the condition that the broker enters into an SLA with them to govern the brokers access, liabilities and responsibilities. T Investors purchase or sell securities via their broker. When placing their orders, brokers are required to quote the NIN of their customer on their instructions. Investors apply for a NIN via a local custodian and thereby appoint a local custodian access over the NIN and associated accounts.

Designated brokers have access to their specific trading account at Clearstream's subcustodian for the purposes of executing trades. Following trade execution, brokers receive confirmations from X-Stream and these are provided back to their customers.

At the close of trading at Swedish exports to the UAE amounted to approximately 5. The export includes a wide range of products including automotive, telecommunication equipment, iron and steel as well as engineering products. The majority of the imports consisted of fuels and chemical products. Dubai has also been awarded the arrangement of the next World Expo, Expo , for which the estimated investments only in infrastructure amount to almost 60 billion SEK. In addition to the role as a trading partner, the UAE is also an important regional hub for Swedish companies.

A lot of regional business opportunities are generated in the UAE and a significant part of trade with Swedish products goes through the country. This is to large extent due to the beneficial establishment options being offered to international companies through more than 30 economic free zones.

Business Sweden has been operating in Dubai since Over the years, we have achieved good local knowledge and a strong network of local business leaders and decision makers from both the public and private sector in order to promote Swedish competitiveness in the region. The iconic Dubai Mall contains over 1, stores on 4 floors, and its smaller sibling, the Mall of the Emirates, has over stores. To increase sales in the region of Dubai Brokk hired two qualified regional sales managers.

Business Sweden used its large, local and regional network, as well as their experience within recruitment, and played an important part in the successful mission.