

The Dubai Financial Market (DFM) has announced the margin parameters for various futures contracts effective from August 9, 2024. The underlying symbols include AIRARABIA, AlANSARI, ARMX, DEWA, DEYAAR, DFM, DFMGI, DIB, DIC, DU, EMAAR, EMAARDEV, EMIRATESNBD, EMPOWER, GFH, OMOIL, SALIK, and SHUAA. The base margin percentages range from 5% to 19%, with specific base margin and spread margin amounts listed for each contract. Detailed methodologies for margin calculation and eligible margin types are available in the Derivatives Clearing Guidelines and Procedures on the Dubai Clear website. The announcement is also accessible on the DFM website. The information is subject to change and should be cross-referenced with the Dubai Financial Market Regulated Derivative Contract Trading Regulation in case of discrepancies.
On August 7, 2024, H.E. Dr. Maryam Buti Al Suwaidi, CEO of the Securities and Commodities Authority, communicated with Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market (DFM). The subject of the communication was the results of a resolution by circulation from the Board of Directors of DFM (PJSC). The letter informs that the resolution has been concluded. The communication was also signed by Ali Amer Al-Hashimi, Chief Financial Officer of DFM.
On August 6, 2024, a notice was issued regarding the availability of new Single Stock Futures (SSFs) contract series for equity future products starting from August 8, 2024. The November 2024 SSFs contract series includes various futures contracts, each with specific contract IDs, series codes, and names. These contracts will be listed on August 8, 2024, and will be de-listed on November 21, 2024. The announcement can be accessed on the Dubai Financial Market (DFM) website. It is noted that the information is subject to change and the Dubai Financial Market Regulated Derivative Contract Trading Regulation will take precedence in case of any inconsistencies.