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DIFX accepts Citigroup Global Markets Membership - ASHARQ AL-AWSAT English Archive
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Dubai, Asharq Al-Awsat- The Dubai International Financial Exchange (DIFX) has accepted Citigroup Global Markets Ltd as a member firm able to trade securities.

Citigroup is the fifth firm to become a member of the DIFX since the exchange opened for business on September 26, 2005. It has joined as an individual clearing member and a trading member.

The DIFX aims to become the leading international financial exchange between Western Europe and East Asia. It expects to attract large numbers of international and regional investment banks and brokers as members.

Sajjad Razvi, Citigroup Country Officer and Managing Director of Corporate and Investment Banking in the UAE, said:

&#34We are delighted to become a member of DIFX. We view the region as key to the continued growth of our EMEA Corporate and Investment Banking franchise and the new DIFX licence will strengthen this position, making the UAE a major hub from which to fulfil our regional business potential.&#34

Asharq Al-Awsat

Asharq Al-Awsat

Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities. Launched in London in 1978, Asharq Al-Awsat has established itself as the decisive publication on pan-Arab and international affairs, offering its readers in-depth analysis and exclusive editorials, as well as the most comprehensive coverage of the entire Arab world.

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