DFM and Nasdaq Dubai merger to raise liquidity
The news that the merger of the Dubai Financial Market (DFM) and Nasdaq Dubai is pressing ahead has come as a breath of fresh air for companies, market players and investors at a time when trading has been lacklustre for some weeks.
The $121.3 million (Dh445.1m) merger is likely to cut the cost of trading and create more flexibility and wider options for investors, institutions and foreign investors, said market analysts.
As the merger process gathered steam Emirates Business spoke to leading figures from brokerage firms about the likely impact of the merger and the consolidation of trading operations.
No comments:
Post a Comment