United Arab Emirates, Dubai, November 7th, 2023
BHM Capital, a leading financial institution in the United Arab Emirates capital markets, has obtained DFM’s activity to become a regulated short selling provider.
The activity allows BHM Capital to provide a regulated short selling service to investors, where they can sell securities listed on the market and not owned by them, provided that they pledge to return the lender based on the stock lending and borrowing agreement and in accordance with the provisions and regulations set by the Dubai Financial Market.
Abdel Hadi Al Sa’di, the CEO of BHM Capital stated: “BHM Capital continues to pave new paths within the financial market of the region, continually strengthening its position. With our pioneering services, we have established ourselves as the forefront runners in the industry. Acquiring the DFM activity as a regulated short selling provider serves as additional affirmation of our esteemed standing in the region”.
Al Sa’di continued, “We express our gratitude to the Dubai Financial Market for entrusting us with this activity, a testament to their confidence in our role as a prominent provider within the market. This additional activity further enriches the wide array of services we offer to our esteemed clientele”.
About BHM Capital Financial Services:
BHM Capital is a leading financial services company listed in the Dubai Financial Market (DFM) and regulated by the UAE Securities and Commodities Authority providing services to individual and corporate investors. Since its establishment, it has been one of the top-ranked firms in the country’s financial markets and a pioneer in financial technology, making it a regional leader in providing essential tools for corporate and individual clients.
BHM Capital Is a subsidiary of EIH Ethmar International Holding PJSC.
For more information, please visit: www.bhmuae.ae