NASDAQ Dubai intends to migrate the trading of Dubai Gold Securities to the DFM X-Stream Trading Platform.
Clearing, Settlement and Custody of Dubai Gold Securities is not a part of this Migration. Gold trades will continue to be cleared and settled on NASDAQ Dubai through the TCS Bancs system.
NASDAQ Dubai has received No-Objection from its Regulator for the migration and intends to Go-Live with the changeover to DFM’s trading platform around mid-September 2011. Members are requested to prepare for that timing.
For further information please contact:
NASDAQ Dubai Market Operations
Tel: +971 4 305 5473 / 5471