The stock market regulator is planning a shake-up of trading in a move to entice foreign investors back to the Emirates.
The Securities and Commodities Authority (SCA) will consult with banks and brokerages until November 17 on the new regulations, which will cover market making, securities lending, the provision of liquidity and short selling, the regulator said in a statement on its website.
Offering more sophisticated instruments would attract international investors and their money to the UAE's markets, said Georges Elhedery, the regional head of global markets at HSBC Middle East.
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