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Tag Archives: dubai

ADS Securities plans a UK office and FSA license

Dec
5
2011
Posted by Michael Greenberg in Brokers
6 Comments

ADS Securities, a very well funded broker based out of Abu Dhabi, is announcing plans to open an office in the UK and will start working on a getting an FSA license.
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Overview of Forex in the Middle East

Nov
23
2011
Posted by Adil Siddiqui in Traders
11 Comments

The oil rich Middle East has been a market most FX brokers want to capture, with stong economic growth, per capita incomes and cash to play with!
The region has a very diverse uptake in financial markets; some countries have been pioneers in the field since the 70′s whereas other nations are finally entering electronic trading.
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Dubai derivatives trading hits new record – August 2011

Sep
13
2011
Posted by Adil Siddiqui in General
0 Comments

Following on from strong performance in this year the DGCX has again reported strong results for spring/summer trading in 2011.
The Dubai Gold and Commodities Exchange (DGCX) saw a significant rise in trading activity in the month of August, with the Exchange breaking volume records in four products, in addition to setting all‐time monthly and daily average volume records.
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E*Trade fined up to $300,000 by Dubai FSA for AML failings

May
3
2011
Posted by Michael Greenberg in Brokers,Regulation
4 Comments

Much like Saxo being ‘censured‘ by the Dubai FSA for similar procedural deficiencies DFSA just announced that it settled a case with E*TRADE which agreed to pay a $300k fine. It’s odd that both cases, though seemingly identical at first …
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