Arqam Group subsidiary | Arqam Global Markets operating entity
Entity
Arqam Securities L.L.C. (incorporated in the United Arab Emirates)
Business
Arqam Securities UAE provides brokerage services for local shares and bonds on the UAE Markets and can act as a financial advisor
Regulatory
Arqam Securities UAE is authorised and regulated by the UAE Securities and Commodities Authority (SCA) with the following licences
– Trading and Clearing Broker
– Financial Advisor (Issuance Manager)
Registered Office
PO Box 120111, Dubai, United Arab Emirates
Business Address
604, Sama Tower, Sheikh Zayed Road, PO Box 120111, Dubai, United Arab Emirates
Important News to Investors
Refund of client cash and assets still held in dormant accounts with Arqaam Securities LLC
The Securities and Commodities Authority (SCA) has launched a new initiative to refund cash held in dormant accounts with brokerage firms, including those held with Arqaam Securities LLC. Investors who seek to reclaim their unclaimed funds must do so by submitting a ‘pay-back’ request to Arqaam Securities LLC, accompanied by necessary documents (such as ID or passport, bank details, account statements, and, if applicable, legal entity documentation or a power of attorney) as specified in the below announcement. Arqaam Securities LLC will then verify the claim and forward it to the Securities and Commodities Authority, which aims to process and transfer the funds within 5 business days, provided all required information is submitted.
ADX Markets Advisory on the Prohibition on Small Quality Trading
The ADX Markets has advised all securities brokers to kindly remind their clients that placing or executing trading orders in small quantities (or in some quantities less than their daily average trading quantities on the market) for a relevant security is deemed a violation of the ADX provisions and potentially may expose the investor to be held accountable in accordance with market rules and legislation.
