NASDAQ Dubai Merger of Trading Operations with DFM
As of Sunday July 11th, 2010 NASDAQ Dubai shares will be traded on the DFM trading platform. Prior to the market go-live date, we are implementing an upgrade to the system in preparation to the merge of NASDAQ Dubai Trading Operations with DFM. This system implementation will occur over the weekend of July 1st, 2010 and will be live from Sunday July 4th, 2010.
If you are an existing Mashreq Securities’ NASDAQ Dubai and DFM client, to note the changes that will occur to your ND trading access through Mashreq Securities, please click here.
If you are an existing Mashreq Securities’ NASDAQ Dubai client but do not have a DFM trading account through Mashreq Securities, to note the changes that will occur to your ND trading access through Mashreq Securities, please click here.
The revised fee schedule applicable from July 11th, 2010 will be as follows:
| USD Value Range | Commission Applicable | |
|---|---|---|
| Flat Value per transaction | + % of Value | |
| < 6,000 | $25 | - |
| 6,000 - 9,000 | $22 | 0.05% |
| 9,000 - 10,000 | $8 | 0.30% |
| 10,000 - 25,000 | $3 | 0.35% |
| 25,000 - 100,000 | $3 | 0.30% |
| >100,000 | $3 | 0.20% |
Should you notice any issues on July 1st, 2010 in accessing your NASDAQ Dubai shares through Mashreq Securities or require any clarifications, please do contact our Customer Service Call Center on +9714 363 2222.