The switch, which has come on the heels of the acquisition of the Nasdaq Dubai of DFM, has also been slated to be out and to go live on the 27th of June for the regulatory approval that is pending till yet. The exchange has added that the move is considered to be the latest step in a strategy which is outsourcing and has been designed in a way so as to bolster the position of Dubai as a global center for the finance and its related activities.

Jeff Singer, who is the chief executive of Nasdaq Dubai, has said in one statement that this latest structure would be creating the same kind of look and feel for the trading on both of the exchanges of Dubai that would be stimulating the trading of the equities of Nasdaq Dubai by 552,000 retail of DFM and many of the other investors.