The Abu Dhabi Securities Exchange (ADX) was established on November 15, 2000. The ADX has the authority to establish centers and branches outside the Emirate of Abu Dhabi and so far, it has done so in Al Ain, Zayed City, Fujairah, Ras Al Khaimah and Sharjah.
The Dubai Financial Market (DFM) operates as a secondary market for the trading of securities issued by public joint-stock companies, Government bonds, bonds issued by any of the local Governments or public institutions in the United Arab Emirates (UAE), units of investment funds and any other financial instruments, local or foreign, which are accepted by the market. The DFM commenced operations on March 26, 2000.
Prior to the establishment of the DFM, the UAE had an OTC market where publicly held companies were traded. It had no mechanism for centralized trading, clearing or settlement as well as no regulatory oversight.
On March 7, 2007, the Dubai Financial Market Company became the first listed stock exchange in the Middle East region when it listed on the DFM.
The exchange launched on September 26, 2005 under the name Dubai International Financial Exchange (DIFX), which initially listed equities and index products. In 2008, the NASDAQ OMX acquired a stake in the DIFX and it was rebranded as NASDAQ Dubai. Later in same year, NASDAQ Dubai launched the first equity derivatives market in the United Arab Emirates.
Nasdaq Dubai is an important international financial exchange in the Middle East. It allows companies to benefit from a unique investor pool that combines regional and international wealth, making it a globally unique platform for companies to raise money and for investors to find exciting opportunities.
The Dubai Gold & Commodities Exchange (DGCX) began trading in November 2005 as the regions first derivatives and commodities exchange. The DGCX is a subsidiary of the Dubai Multi Commodities Centre (DMCC), a strategic initiative of the Government of Dubai, with a mandate to enhance commodity trade flows through the Emirate by providing the appropriate physical, market, financial infrastructure and services that are required.
The Dubai Mercantile Exchange Limited (DME) is an energy-focused commodities exchange and home to the world's third crude benchmark.
The DME was launched in June 2007 with the goal of bringing fair and transparent price discovery and efficient risk management to the East of the Suez. The DME lists the Oman crude oil futures contract (DME Oman) as its flagship contract, providing the most fair and transparent crude oil benchmark for the region. DME Oman is the explicit and sole benchmark for Oman and Dubai crude oil official selling prices (OSP), which are the historically established markers for Middle Eastern crude oil exports to Asia.