Page 18 - SALIK PR REPORT OCTOBER 2023

11/2/23, 4:05 PM DFM's third-quarter income triples on trading value and new investor boost

The Dubai Financial Market chief executive Hamed Ali. Photo: DFM
“With a significant increase in our trade numbers, expanding sector diversity and a surge in new investors, [the]
DFM is well positioned to continue driving growth and innovation in the global financial landscape,” said Hamed
Ali, chief executive of the DFM and Nasdaq Dubai.

“Our commitment to expanding our product verticals with the introduction of new asset classes, onboarding of
digital brokers … and the launch of innovative programmes such as the IPO Accelerator underscores our
dedication to strengthening the overall financial ecosystem.’’

The DFM said that the number of trades during the first nine months of the year rose to 1.43 million, a 37 per cent
annual increase in trading activity.
Trading value rose by 13 per cent, year on year, to Dh78 billion as it attracted 35,357 new investors – 72 per cent of
which were foreign investors – boosting the investor base to more than a million.

Updated: October 31, 2023, 11:49 AM

MARKETS ECONOMY DUBAI FINANCIAL MARKET DUBAI

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