UAE brokerages: survival of fittest or a step too far? | The National:
"Bigger trading volumes on the country’s bourses concentrated among a handful of brokerages have sparked questions on whether some firms are providing excessive leverage, with quotas above the one-to-one ratio legally allowed.
That level was set by the Emirates Securities and Commodities Authority (SCA), the market regulator.
“Nowadays, any stock brokerage that doesn’t offer margin services to their clients doesn’t make money,” says Khaldoun Jaradat, a trader at Brokerage House Securities in Dubai."
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