Sunday 4 December 2011

Regional investors hail changes but call for Emirates bourse merger - The National

Local investors have welcomed the implementation of new trading processes such as short selling and new indexes for the region.

But many feel the long-awaited merger of the Emirates' three stock exchanges would complete the UAE market reforms.

Nasdaq Dubai and the Dubai Financial Market (DFM) consolidated some operations in July last year, but a tie-up between the emirate's exchanges and the Abu Dhabi Securities Exchange has proved elusive.

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