Nasdaq Dubai (formerly Dubai International Financial Exchange - DIFX) is Dubai's second stock exchange, established in 2005 and located in the [[Dubai International Financial Centre (DIFC)]]. Unlike the DFM, it operates as an international exchange following international standards and regulations, aimed at attracting global investors and listings. Key features include: - Regulated by the [[Dubai Financial Services Authority (DFSA)]] - Trades in international currencies (primarily USD) - Lists regional and international securities, including equities, bonds, sukuk (Islamic bonds), and derivatives - Operates under a regulatory framework similar to major global exchanges - Strategic partnership with [[Nasdaq Inc.]] (formed in 2008, leading to rebranding from DIFX to Nasdaq Dubai) - Focuses on larger, international companies and sophisticated investors - Works complementary to DFM, targeting different market segments and investor bases The exchange is majority-owned by DFM since 2010, though it maintains separate operations and regulatory framework.