xCube launches the UAE’s first fully automated SLB service for retail investors

xCube launches the UAE’s first fully automated SLB service for retail investors

XCube streamlining securities lending and borrowing process through its digital platform, connecting lenders and borrowers at the touch of a button. XCube also offers a streamlined channel for easy IPO subscriptions within its comprehensive service portfolio.

The post xCube launches the UAE’s first fully automated SLB service for retail investors appeared first on TahawulTech.com.(L-R) Saad Chalabi, CEO of xCube & Hamed Ali, CEO of Dubai Financial Market.

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,