NASDAQ Dubai May Shift Gold Trades to DFM

NASDAQ Dubai is seeking to transfer the trading of Dubai Gold Securities.

NASDAQ Dubai is seeking to transfer the trading of Dubai Gold Securities (DGS), Gulf News reports. The trading will now take place on the DFM X-Stream trading platform.

Clearing, settlement and custody of Dubai Gold Securities will continue to be cleared and settled on NASDAQ Dubai via the TCS Bancs system. The stock exchange plans to go live with the changes around the middle of September.

Click here for the story from Gulf News.