EFG-Hermes UAE Obtains Licence For Margin Trading

Egyptian Financial Group-Hermes Holding Company – (HRHO.CA) announced that its subsidiary EFG-Hermes UAE Limited obtained a license authorizing to introduce  margin trading in UAE stock markets.

The United Arab Emirates’ Securities & Commodities Authority (SCA) has accredited EFG-Hermes UAE to carry out margin trading on the Dubai Financial Market (DFM) and Abu Dhabi Securities Exchange (ADX).