Wednesday, 10 January 2018

DFM unveils 19 securities eligible for short-selling - The National

DFM unveils 19 securities eligible for short-selling - The National:

"Dubai Financial Market, the region’s only listed bourse, on Tuesday announced the list of securities eligible for trading under its new regulated short-selling (RSS) service aimed at boosting liquidity and attracting foreign investors.

“The regulated short-selling enables investors to short securities listed on DFM through selling borrowed shares with a commitment to return to the lender based on the mutually signed agreement,” the DFM said in a statement on its website.

The DFM had announced plans in July to introduce short-selling – the practice of selling borrowed shares in the hope of buying them back later at a lower price – by the end of 2017."



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