HSBC Securities Services About HSBC Securities Services Contact HSBC Securities Services  
UNITED ARAB EMIRATES - Capital Market Infrastructure Summary

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

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

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.