xCube launches UAE’s 1st Automated Securities Lending & Borrowing service

xCube launches UAE’s 1st Automated Securities Lending & Borrowing service

XCube, a leading Dubai-based market-making and brokerage platform, has launched fully Automated Securities Lending and Borrowing (SLB) for retail investors, a first-of-its-kind in the UAE. This market development will enhance and streamline trading activity on the Dubai Financial Market (DFM), allowing users to manage all aspects of the SLB process directly through the xCube application, […]xCube, a leading Dubai-based market-making and brokerage platform, has launched fully Automated Securities Lending and Borrowing (SLB) for retail investors, a first-of-its-kind in the UAE.

This market development will enhance and streamline trading activity on the Dubai Financial Market (DFM), allowing users to manage all aspects of the SLB process directly through the xCube application, removing the need to engage a broker.

SLB is a well-established practice in global financial markets where investors lend their securities holdings to others in exchange for a fee. This helps market participants to access securities for purposes such as short selling and hedging. By fully automating the process, xCube provides faster, more efficient transactions, and greater control for clients. The platform’s transparency ensures all fees are displayed within the app, creating a seamless and user-friendly experience.

By making it simpler, faster, more secure and affordable to access SLB, xCube is contributing to