Nasdaq Dubai will switch all trading of its listed equities to the X-Stream trading platform of Dubai Financial Market (DFM) starting on Sunday, June 27, 2010 subject to final regulatory approval, the company has announced. The outsourcing strategy aims to increase trading volumes on Nasdaq Dubai and strengthen Dubai's role as a centre for international capital markets activity. Clearing, settlement and custody functions for Nasdaq Dubai equities will also migrate to DFM's systems.
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