“Arna Capital” becomes a clearing member of “Dubai Gold and Commodities” in Abu Dhabi

  • The stock exchange confirmed that it will continue to enhance access to its services in various parts of the region.

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  • Les Mel: "Arna customers will be able to access the exchange's products and services directly."

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Arna Capital Limited, a regulated multi-asset brokerage firm based in Abu Dhabi Global Market, has become a public clearing member of the Dubai Gold and Commodities Exchange.

The exchange stated, in a statement, that "Arna", as the first general clearing member in the Abu Dhabi Global Market, will be able to provide its customers with trading and clearing services for the products provided by "Dubai Gold and Commodities", in addition to providing clearing services to other trading members of the exchange.

"This step comes at an important time for the DGCX, as we continue to work to enhance access to our services across the region," said Les Mel, CEO of the DGCX.

He added: "Thanks to this important achievement, (Arna Capital) clients will be able to access our products and services directly, which forms part of our broader efforts aimed at expanding our presence in the UAE and the region in general."

For his part, Dima Ndvitsky, CEO of Arna, said: "We are proud to be the first general clearing broker for the Dubai Gold and Commodities Exchange in the Abu Dhabi Global Market, to provide its services to clients from the Abu Dhabi Global Market."

He added: “We look forward to adding our extensive experience in global markets to complement the efforts of the Dubai Gold and Commodities Exchange in developing new and important services. UAE".

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