Merrill Lynch has been accepted as a General Clearing and Trading Member firm to trade securities by the Dubai International Financial Exchange (DIFX). It is the 12th financial institution to become a member since the exchange opened for business in September 2005.
Merrill Lynch chairman Bob Wigley said that membership of the DIFX added to the company’s extensive Middle Eastern trading capabilities and complements its longstanding commitment to the region.
Commenting on Merrill Lynch’s acceptance to the DIFX, Nasser Alshaali, chief operations officer of the DIFX, said its arrival demonstrated the growing appeal of the DIFX to global financial institutions aiming to increase their activities in the dynamic region that the exchange serves. |
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