
Dubai Financial Market PJSC
Pressreleases, Reports and Disclosures for Dubai Financial Market PJSC
Nasdaq Dubai has listed a $600 million green bond by the China Construction Bank (DIFC Branch). This takes the total value of bonds listed on Nasdaq Dubai by the bank's Hong Kong and Dubai branches to $2.45 billion. The total value of outstanding debt from Chinese issuers on Nasdaq Dubai now stands at $11.95 billion. The listing also increases Nasdaq Dubai's total value of ESG issuances to $27.05 billion and total listed debt to $128.66 billion. The green bond issuance is aimed at combating climate change and reflects China Construction Bank's commitment to sustainable financing. The listing was marked by a bell-ringing ceremony attended by H.E Li Xuhang, Consul-General of the People’s Republic of China in Dubai, and Hamed Ali, CEO of Nasdaq Dubai and Dubai Financial Market.
A new series of equity future contracts for April 2024 will be available for trading from 11th January 2024. The contracts cover a range of securities including AIRARB, ANSRI, ARMX, DEWA, DEYAAR, DFM, DFMGI, DIB, DIC, DU, EMAAR, EMPWR, EMRDEV, ENBD, GFH, SALIK, and SHUAA. The contracts will be delisted on 18th April 2024. The announcement was issued by the Dubai Financial Market and is available on their website.
The Dubai Financial Market (DFM) has released new margin parameters for various underlying symbols effective from 9th January 2024. The base margin percentages range from 5% to 12% and are denominated in AED except for OMOIL, which is in USD. The base margin per contract and spread margin per contract are also provided for each symbol. The methodology of margin calculation and types of eligible margin can be found in the Derivatives Clearing Guidelines and Procedures on the Dubai Clear website. This information is subject to change and the Dubai Financial Market Regulated Derivative Contract Trading Regulation will prevail in case of inconsistency.