Short Selling
Short Selling
Short selling refers to selling shares where the seller either does not own the quantity of shares sold or does not have an exercisable right to the quantity of shares sold at the time of selling the shares. Short selling is prohibited by law unless otherwise permitted. Under approved short selling, a seller must ensure that the seller has either a borrow locate confirmation or a confirmed borrow transaction in place to settle the short sell before placing a short sell order.
Short selling is only permitted on securities on the List of Designated Securities for Short Selling and is subject to execution conditions.
For information on how to trade on the market and its products, download the “How to Trade on DFM and NASDAQ Dubai” and the “DFM and NASDAQ Dubai Products & Services” online guides, or visit DFM Customer Service, DFM Trading Floor, World Trade Centre, Dubai, or a DFM-licensed or NASDAQ Dubai-licensed brokerage.
Other Financial Instruments:
DFM continues to work closely with its regulator, the Securities and Commodities Authority (SCA) to diversify the financial instruments available and to provide an even wider choice of asset classes as investment opportunities, in order to meet the evolving needs of investors. Other financial instruments which are currently being developed include ETFs, Securities Lending & Borrowing (SLB), Market Maker, Mutual Funds, Rights Issues and Covered Warrants.