DUBAI, UAE, July 5, 2024
/PRNewswire/ -- To boost financial literacy in the UAE, StockGro,
India's largest stock market
experiential learning platform, has partnered with
Dubai Financial
Market (DFM) to integrate a live data feed. This collaboration aims
to enhance retail investor participation by fostering stock market
literacy across the region.
StockGro's community-based learning platform features over 100
licensed financial experts educating millennials about the
financial markets. With DFM's live data feed implemented on
StockGro's risk-free education platform, the partnership aims to
propagate financial awareness in the UAE region.
Ajay Lakhotia, Founder and CEO of
StockGro, commented on the expansion, saying, "Launching in UAE
marks a significant milestone in our journey to make financial
education accessible globally. With DFM's support, we are excited
to empower lakhs of UAE-based investors to become financially
free."
StockGro is India's premier
experiential social learning platform for trading and investments.
With over 35 million users nationwide, StockGro is the trusted
destination for individuals seeking to learn and master the art of
trading and investments. StockGro has successfully empowered
financial enthusiasts across 1000+ prestigious educational
institutions, offering a unique and immersive learning
experience.
Dubai Financial
Market (DFM) is the UAE's premier stock exchange, facilitating
financial growth for investors and market participants by offering
innovative products in an efficient, transparent and liquid
environment. Dubai
Financial Market (DFM) was established as a public institution with
independent corporate bodies. DFM operates as a secondary market
for the trading of securities issued by public shareholding
companies, bonds issued by the Federal Government or any of the
local Governments and public institutions in the country, units of
investment funds and any other financial instruments, local or
foreign, which are accepted by the market.
The DFM commenced operations on March 26,
2000, and became the 1st Islamic Shari'a-compliant exchange
globally since 2007. Following its IPO in November 2006, when DFM offered 1.6 billion
shares, representing 20% of its paid-up capital of AED 8 billion,
DFM became a public joint stock company, and its shares were listed
on 7 March 2007 with the trading
symbol (DFM). Following the IPO, the Government of
Dubai retained the
remaining 80% of DFM Company through Borse Dubai Limited. www.dfm.ae
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SOURCE StockGro