Pledge/release Securities:
- The Pledgee Member will apply on eServices
- Payment of Fees
- Dubai CSD will review the request and execute the pledge/release on securities
- Dubai CSD will approve the request on eServices
Transfer Pledged Securities to a Trading member for Sale:
1. The Pledgee Member will apply on eServices
2. Payment of Fees by Pledgee Member
4. Dubai CSD will review the request and execute the pledge on securities.
5. Dubai CSD will approve the request on eServices
Re-pledging of the Pledged Securities transferred to a Broker to be Sold:
- The Pledgee Member will apply on eServices
- Payment of Fees.
- Dubai CSD will review and execute the request.
- Dubai CSD will approve the request through eServices
Pledge Release of Transferred Securities to Broker for sale:
- The Pledgee Member will apply the request on eServices
- Payment of Fees.
- Dubai CSD will review and execute the request.
- Dubai CSD will approve the request in eServices
Transfer pledged securities from one pledgee member to another:
- First pledgee member will submit original pledge release letter.
- New pledgee member will submit original pledge letter
- Original Letter from investor to move his securities with matched data with new pledgee member letter
- Dubai CSD will move the pledged securities to new pledgee member
- Dubai CSD will issue release letter to first pledgee member & pledge confirmation letter to new pledgee member.
- Dubai CSD will issue voucher