The Arab German International Broker (AGIB) has secured an approval from the Dubai Financial Market (DFM) to carry out margin trading, Mondovisione reports. AGIB is the first brokerage firm to receive approval from the exchange.
The bourse is also processing related requests from other brokers in partnership with the UAE Securities and Commodities Authority (SCA). AGIB previously received an approval from SCA for margin trading.
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