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Dubai Financial Services Authority (DFSA): Contents

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Jul 14 2013 - Apr 2 2016Apr 3 2016 onwards

AMI 5.8.1

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The definitive version of DFSA handbook text is the PDF version as that is the text of the instrument as made and published by the DFSA.

To view past versions of this module in PDF format, please visit the Archive.

(1) An Authorised Market InstitutionG must have clear and objective criteria ("investment criteria") included in its Business RulesG according to which InvestmentsG can be admitted to trading, or traded, on its facilities, or cleared and settled on its facilities, or both, as relevant to its operations. The investment criteria must include the requirements in (2) and (3) as relevant.
(2) An Authorised Market InstitutionG must ensure that InvestmentsG are admitted to trading or traded on an ExchangeG it operates only if:
(a) in the case of SecuritiesG , the SecuritiesG are admitted to the Official List of SecuritiesG ; and
(b) in the case of DerivativeG contracts, the contracts meet the contract design specifications in Rule 6.3.2.
(3) An Authorised Market InstitutionG must ensure that InvestmentsG are traded on an MTFG it operates only if:
(a) in the case of SecuritiesG , the SecuritiesG are admitted to trading on a Regulated ExchangeG in a jurisdiction acceptable to the DFSAG ; and
(b) in the case of DerivativeG contracts, the contracts meet the contract design specifications in Rule 6.3.2.
(4) Where an Authorised Market InstitutionG admits to trading or clearing or trades on its facilities InvestmentsG the value of which is determined by reference to an underlying benchmark or index provided by a Price Information ProviderG , it must only do so in accordance with the requirements in App 2.
Derived from RM118/2013 [VER15/07-13]
[Amended] DFSA RM170/2016 (Made 10th February 2016). [VER17/04-16]