DFM shuts trading floor on Covid-19 concerns

By DG Staff

DUBAI 17 March 2020: Dubai Financial Market (DFM), has announced that it is temporarily closing its trading floor and customer affairs counters until further notice beginning Monday, 16th March, as part of its commitment to public health, and in line with measures taken in the UAE to contain coronavirus, Covid-19.

Hassan Al Serkal, Chief Operating Officer and Head of Operations Division at DFM, said, “The temporary closure of the Trading Floor doesn’t affect the trading activity as it continues as usual. Investors can carry on with their activities through the DFM online and smart platforms as well as the licensed brokerage firms. Clients can also submit and track their requests via DFM eServices accessible through DFM Smart Services App and DFM’s website.”

“As long as this temporary closure is implemented, only employees of brokerage firms with offices located at the Trading Floor can access the premises,” Al Serkal added.

The DFM urged all market participants to use smart and electronic platforms to get their requests accomplished, said Wam.

It has previously introduced several platforms as part of its Smart Borse strategy that enables investors to pursue their trading activities as well as accomplish any transactions with highest levels of efficiency and security.



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