Service ID
4.5.38
Title
Transfer Securities between Clearing Member for Market Makers & Liquidity Providers
Details
Dubai Clear facilitates the Transfer of securities from member/ Listed Company to a market maker / liquidity provider.
Fees
AED 100 for each company
Note: All current fees are subject to VAT. The fee will be added to invoices as per the UAE Federal Law No.8 of 2017.Procedures
- Submit the request to Dubai Clear via email: clearingandsettlement@dubaiclear.ae
- In case of a transfer from Listed Company NIN, a copy of related agreement should be provided
- Dubai Clear will review the request and ensure all requirements are fulfilled
- Dubai Clear will execute and issue the voucher and confirm by email to the member
Required Documents
- Complete the Transfer Form
- Attach the supporting document (if applicable)
- Deposit the Transfer Fees to the Dubai Clear account with Emirates NBD bank IBAN: AE370260000412063720929
How to Apply
Email to: clearingandsettlement@dubaiclear.ae