Custody/clearing  
DEUTSCHE BANK    
HSBC SECURITIES SERVICES    
 
 
UNITED ARAB EMIRATES - Capital Market Infrastructure Summary

Central Securities Depositories
Dubai Financial Market (DFM)
Abu Dhabi Securities Exchange (ADX)
NASDAQ Dubai

Settlement Cycle
T+2 for securities that have been outsourced to the DFM
T+3 for other securities traded on-exchange

Comment
There are three stock exchanges, each of which operates its own depository for the settlement and central registration of its respective (equity or corporate debt) instruments.


Key terms defined in our glossary:

Central Securities Depository
Settlement Cycle

 
The above information is written as a general guide only and is subject to change. Please refer to our 'Terms' page for more details.