Anybody interested in trading these stock markets ?

What commissions do you pay on ADX, DFM and Nasdaq Dubai ?
There's little volume except on a handful of stocks there, I don't know what deals discount brokers offer but what i noticed was too expensive to day trade.
Quite volatile though, might be good if you are going for small size and get some volume discounts.
Long term it sounds a decent place where to invest a bit of money, the fact there is no witholding tax nor stamp duty is a plus but again it's quite volatile, and from memory DFM lost around 90% of its value during the last crisis.
Anyway curious to read more, on particular companies as well.

Anyone looking into REIT on Nasdaq Dubai, any idea why it's performing so poorly in particular despite the NAV according to REIT's announcements grinding up ?
 
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qxmt said:
I was a broker in Kuwait stock exchange, I'm thinking of opening a brokerage firm, and I want to know the possibilities of having international clients.
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Missed that post before my first reply.

FWIW i'd be interested in a brokerage offering several GCC markets, possibility to exchange money within the various currencies there cheaply, competitive commissions and strong balance sheet (would avoid small as well most likely as new brokerages).
 
luisHK said:
What commissions do you pay on ADX, DFM and Nasdaq Dubai ?
There's little volume except on a handful of stocks there, I don't know what deals discount brokers offer but what i noticed was too expensive to day trade.
Quite volatile though, might be good if you are going for small size and get some volume discounts.
Long term it sounds a decent place where to invest a bit of money, the fact there is no witholding tax nor stamp duty is a plus but again it's quite volatile, and from memory DFM lost around 90% of its value during the last crisis.
Anyway curious to read more, on particular companies as well.

Anyone looking into REIT on Nasdaq Dubai, any idea why it's performing so poorly in particular despite the NAV according to REIT's announcements grinding up ?
More...

Mostly 0.30 % of the transaction cost and a minimum $17.7 and $2.7 on every deal.

In order to compete I have to lower my commission.
 
luisHK said:
Missed that post before my first reply.

FWIW i'd be interested in a brokerage offering several GCC markets, possibility to exchange money within the various currencies there cheaply, competitive commissions and strong balance sheet (would avoid small as well most likely as new brokerages).
More...


It will be the same system and clearing firm that handles the execution and custody for the big banks, and you pay more for the name.
 
qxmt said:
I was a broker in Kuwait stock exchange, I'm thinking of opening a brokerage firm, and I want to know the possibilities of having international clients.
More...
Hi sorry ive been working past week. How best can we communicate ? You have an email or no. I could use to reach out to you? I have alot of people who are seeking this kind of service.
 
CarlosMata said:
Hey duttymase, I'm also in Doha. Swing trading and trend following in US stocks and international futures. What do you trade?
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Hi im into Forex trading only at the moment though im looking into other ventures and getting to meet more traders in The middle east
 
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