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DFM driven down as fund managers cite ‘violation of margin regulations’
Fund managers blasted at stock-brokers for what they saw as exceeding distribution of leverage to clients after Dubai’s shares declined more than 20 per cent in recent weeks. “Due to the margin calls, selling becomes an uncontrollable act as prices go down,” said Wadah al Taha, the chief investment officer…
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Click here to read the full story: The National