The Dubai Financial Market and NASDAQ Dubai

Posted by
October 15, 2009

The Dubai Financial Market

The Dubai Financial Market (DFM) was established in March 2000 as a secondary market for trading both local and foreign securities and bonds.

As of fourth quarter 2006, its trading volume stood at about 400 billion shares, worth a total of 95 billion US dollars in total. The DFM had a market capitalisation of about 87 billion US dollars.

NASDAQ Dubai

The Dubai International Financial Exchange (DIFX) was established in September 2005 and is a stock exchange trading in equities, bonds, funds, Islamic banking, index products, and derivatives.

It was renamed NASDAQ Dubai in 2007 following a deal between Borse Dubai and NASDAQ.

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