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Morgan Stanley joins UAE gold exchange

Posted on 25 August 2009

From Tradearabia.com: Dubai Gold Securities, a sharia compliant Exchange Traded Commodity (ETC) backed by physical gold, has accepted Morgan Stanley to trade its product on the Nasdaq Dubai stock exchange, the firm said.

‘The fact that Morgan Stanley has chosen to become an applicant is indicative of the growing institutional interest in, and awareness of, Dubai Gold Securities,’ said Grant Collins, senior managing director at Dubai Commodity Asset Management, the marketing agent for Dubai Gold Securities………….Full Article: Source

 
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