Sunday 13 September 2009

DFM, Nasdaq Dubai merger a 'possibility'

A merger between Dubai Financial Market (DFM) and Nasdaq Dubai can be "possibly looked at", said a senior official.

Borse Dubai, the holding company of both exchanges, is already planning to integrate their trading and clearing systems. But the full merger would need to address regulatory issues first.

"Under a consolidated approach – because Borse Dubai owns both DFM and Nasdaq Dubai – the merger can be looked into," Abdulla Al Awar, CEO, DIFC Authority, told Emirates Business.

Reblog this post [with Zemanta]

No comments:

Post a Comment