Individuals

DIFX

The Dubai International Financial Exchange (DIFX)

The Dubai International Financial Exchange (DIFX) is a stock exchange regulated to international standards and offers a wide range of international stocks and listed products.

To trade in the DIFX, investor would need:

Mashreq US$ account
DIFX Trading account

Documents needed

  • Passport copy of each account holder, verified by Mashreq Securities or a correspondent institution or notarized and authenticated
  • Current Signed ID Card (or other identification documentation that is customary in the country of residence such as driving license, Social Insurance Card, etc.  having a clear photograph) or Khulasat Al-Qaid (for UAE residents)
  • Two types of Proof of Address (Bank Statement, Tenancy Agreement, Utility Bill or Local Authority Tax Bill) If required: Notarized Power of Attorney in case of authorized representative(s) & Guardianship documents authenticated by UAE Court or relevant Embassy for minor investors (under 21 years of age)

 

DIFX Trading Hours:

 

UAE Timings

Pre-Opening 

11:30 – 11:45 (07:30 – 07:45 GMT)

Opening Auction

11:45 (07:45 GMT)

Main Trading
Session

11:45 – 16:45 (07:45 – 12:45GMT)

Pre-Closing

16:45 – 16:50 (12:45 – 12:50 GMT)

Closing Auction

16:50 (12:50 GMT)

Trading At Last

16:50 – 17:00 (12:50 – 13:00 GMT)

 

List of Securities in DIFX:

Please visit the following link for the updated list of securities in DIFX:

http://www.difx.ae/market_information/securities_list.html

 

Transfer of shares:

To transfer shares to DIFX, the shares must be transferred to Mashreq Capital’s account with Deutsche Bank.

Once they are reflected, the investor will be able to trade provided he has a US$ account with Mashreq.

Details to be provided to the investor/delivery agent to transfer the shares to Mashreq Capital’s account with DIFX

 

  • BPID                               DBAG0200001
  • Account Number              10029
  • Account Name                 Deutsche Bank AG Amsterdam (DBAG Amsterdam Branch)
  • Beneficiary Account         265113547
  • Beneficiary Name             Mashreq Capital (DIFC) Limited


Details to be provided by the investor (by e-mail to info@mashreqsecurities.com):

 

  • ISIN number of the security OR the exact name of the security
  • Number of units
  • Settlement date
  • Sender’s account details (account number with DIFX & Deutsche Bank & swift code)