Service ID
5.3.9
Title
Trade Data Amendment Service
Details
If a Trading Member (TM) or Trading Clearing Member (TCM) desires to correct a deal that has been executed by mistake, they should contact the DFM Market Operations Department to rectify the trade recorded in the Investor's account. This can be done by accomplished a Trade Data Amendment Request and submitting it through the Electronic Service System within one day from the trading date (T + 0), but no later than 3:30 pm.
Fees
- Free of charge if the request is submitted on Trading Day (T+0) no later than 3:30 pm
- After that, and a maximum of one day from the trading date (T+0) until 3:30 pm
- Fees of 0.003 (three per thousands) of the deal’s highest executing price in the case of securities OR,
- Fees of 0.0003 (three ten thousand) of the deal’s highest executing price in the case of bonds and Sukuk.
- A minimum of AED 100
Procedures
- Submit a request for Trade Data Amendment to the DFM Market Operations Department within one day from the trading date (T+0), no later than 3:30 pm, to amend the investor's account in the electronic system of Dubai Clear.
- The request and all supporting documents will be reviewed by the Market Operations Department. Then, the request will be assigned to Dubai Clear to rectify the investor's account.
Required Documents
- Member Electronic Request
- Fees (if required)
How to Apply
Online through DFM eServices