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Transfer of Securities of Brokers Closed Account

Details
Closing a Trading Member Account as per the decision of the Securities and Commodities Authority (SCA
Fees
Free of charge
Procedures
Trading Member will submit a letter requesting to transfer the securities of investors from their accounts with the Trading Member to Dubai CSD
Required Documents
  • A letter from the Trading Member requesting to transfer the securities of investors from their accounts with the Trading Member to Dubai CSD
Enclose a copy of the Authority’s decree that  Trading Member is in the process of cancellation
How to Apply
Through DFM eServices
Services Catalogue & Fees