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UAE regulation call
- United Arab Emirates: Monday, June 18 - 2007 at 07:27
Financial experts have said the UAE's stock market regulators need to introduce clear trading classifications to prevent the price distortion of blue chip shares, reported Gulf News. Haisam Arabi, the MD of Shuaa Asset Management, said in mature markets, trading is bracketed into three categories: block trading, board trading and odd trading. The ADSM said block trading regulations are to be introduced, while the DFM lists block trading under 'special transactions'.
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Jonathan Sheikh-Miller, Deputy EditorMonday, June 18 - 2007 at 07:27 UAE local time (GMT+4)
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