In brief

• Tradeflow is the DMCC's online trading platform bringing together all parties involved in inventory based trading and the provision of associated finance.

• In the event of a party default in an underlying finance agreement, the party accepting a pledge over a Tradeflow warrant should have immediate recourse against the issues of the Tradeflow Warrant.

• Question marks exist as to the ability of a Tradeflow member to dispose assets under a finance agreement within the Tradeflow system unless an order of the Dubai Court has not been obtained.

• Potential legal complications could arise in the operation of Tradeflow in connection with the ascertainability of goods where non-DMCC licensed storage facilities are used to deal with capacity as such facilities are not bound by the terms of the Corporate Access Agreement which DMCC requires its members to enter into.

Tradeflow-DMCC's electronic trading platform