His career with DFM is role model in this field, as he joined the market before 2002 as a scholarship student assigned from the HCT Higher Colleges of Technology and has contributed in several educational and awareness initiatives concerning financial markets, and hold several leadership roles, including the position of Vice President & Deputy Head of Operations Division in DFM during the period 2011 - 2020.
Mr. Khalifa Rabba has over than 18 years of experience in the financial markets, and he has major roles involved in developing the trading cycle, enhancing investor & brokers relations with the market, and develop the governance of listed companies. He also contributed in developing the legislation of several trading products and financial services, and he had a major role in the market’s development and growing during its early stages towards raising revenues post the event of being a public joint stock company.
Mr. Khalifa Rabba holds a Bachelor's degree in Business Administration from the Higher Colleges of Technology – HCT (UAE) and a Master degree in Financial and Banking Business Administration from the University of Wollongong in Australia. He also received the "Feigenbaum Leadership Excellence Award" from Sheikh/ Hamdan bin Mohammed E-University.
He is currently the Chief Operating Officer (COO) and Head of Operations Division in Dubai Financial Market (DFM). He leads the market operations division, which includes vital departments such as market operations, listing & disclosure, and information security.
Division's main functions:
Operations Division embraces of three main departments; Information Security, Market Operations, and Listing & Disclosure. Together these ensure the smooth running and accelerated work-flow of the market operations in a regular and efficient manner, through the adoption of latest technologies and the implementation of industry’s best practices. The functions include the following:
- Develop operational plans and implement advanced policies to oversee operations with developing business continuity & information security strategies.
- Increase the flexibility of trading and stock exchange business by adopting latest technologies & systems, and automating procedures.
- Improving the stock exchange’s operational competencies and efficiencies by adopting advanced technologies.
- Reducing operational risks through business continuity planning and applying information security controls.
- Facilitating the decision-making process by providing the option for analyzing current and historical data.
- Reducing trading risks by setting policies, controls and procedures to monitor the broker's business and listed companies’ disclosures.
- Providing fair treatment to investors and trading partners through business rules governed set within systematic and controlled administrative procedures.
- Monitor the trading and ensure that all market members adhere to all laws and regulations by market and the Securities & Commodities Authority (SCA).
- Licensing market members as of brokerage firms in liaise with the Securities & Commodities Authority (SCA).
- Listing local and foreign stocks, bonds, and other products for trading in coordination with Securities & Commodities Authority (SCA).
- Setting controls and standards for trading, licensing, disclosure and listing systems, and for other new products.
- Developing and operating new trading products on the market.