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Home Technology

xCube launches Automated Securities Lending & Borrowing

Newsdesk by Newsdesk
April 21, 2024
in Technology, Technology
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xCube, a leading Dubai-based market-making and brokerage platform, has launched fully Automated Securities Lending and Borrowing (SLB) for retail investors, a first-of-its-kind in the UAE.

This market development will enhance and streamline trading activity on the Dubai Financial Market (DFM), allowing users to manage all aspects of the SLB process directly through the xCube application, removing the need to engage a broker.

SLB is a well-established practice in global financial markets where investors lend their securities holdings to others in exchange for a…



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