Emirates NBD Securities offers trading account opening through DFM application

Emirates NBD Securities offers trading account opening through DFM application

DUBAI, 15th March, 2023 (WAM) -- Emirates NBD Securities, the brokerage arm of the Emirates NBD Group, has become the first securities brokerage in the region to offer seamless trading account opening through the Dubai Financial Market (DFM)’s digital onboarding application.

The application provides investors with an additional channel to open a trading account with Emirates NBD Securities, allowing them to rapidly begin investing in IPOs and other securities listed on the exchange.

Through its collaboration with the Emirates NBD Securities, DFM’s Digital Onboarding smartphone application provides investors with an end-to-end digital experience, including the ability to acquire a DFM Investor Number (NIN), a trading account, profile and login credentials, the first steps for investors to begin their trading journey. The application also provides investors with a host of other services on DFM.

Hamed Ali, CEO of DFM and Nasdaq Dubai, said, “DFM’s digital transformation strategy is gaining further momentum owing to the accelerating pace of onboarding of leading brokerage firms. Our efforts and collaboration with trading members are massively enhancing market accessibility and streamlining investors’ onboarding experience, driving our investor base to above one million investors in 2022.”

Asma Al Hosani, General Manager of Emirates NBD Securities, said, “We are pleased to have