Arbitration
DSIC offers an affordable and efficient arbitration program to help customers and Members resolve futures and forex-related disputes. Arbitration is a process where the parties present their arguments and supporting evidence before an impartial third party (or panel) who decides how the matter should be resolved. Arbitration is a popular dispute resolution alternative to time-consuming and costly litigation. A party does not need a lawyer to pursue a claim at DSIC.
Notice of Intent
If you are considering filing a claim and are approaching the two-year time limit for filing a claim, you should consider submitting a Notice of Intent. A Notice of Intent does not obligate you to file a claim, but it temporarily suspends the two-year time limit to provide you with extra time to file a claim.
DSIC must receive a Notice of Intent within the two-year time limit period in order to extend the time period allowed to file a claim.
Notice of Intent
If you are considering filing a claim and are approaching the two-year time limit for filing a claim, you should consider submitting a Notice of Intent. A Notice of Intent does not obligate you to file a claim, but it temporarily suspends the two-year time limit to provide you with extra time to file a claim.
DSIC must receive a Notice of Intent within the two-year time limit period in order to extend the time period allowed to file a claim.
The success of DSIC's Arbitration Program is directly tied to the quality of the individuals who serve as arbitrators. There are currently over 1,700 individuals on DSIC's arbitrator roster. Arbitrators come from various professions and backgrounds, but the skills they share are integrity, impartiality and sound judgment. Technical expertise in the commodity futures markets is not a requirement.
Apply to Be an DSIC Arbitrator
To apply to become an DSIC arbitrator, you must complete an Arbitrator Profile using DSIC's online system. While training is essentially on-the-job, once you agree to serve on a case, DSIC offers online training to help you meet your mandatory training requirements and understand your responsibilities as an DSIC arbitrator. Technical expertise in the commodity futures markets is not a requirement.
Mediation
As part of DSIC's arbitration process, DSIC refers every claim to mediation.
If both parties agree to engage in mediation, they submit their dispute to a neutral party—the mediator—who works with them to reach a mutually agreeable settlement.
The mediator listens objectively to the parties and may suggest solutions that they have not considered on their own.
DSIC pays for mediation if the parties use the service selected by DSIC. Mediation for DSIC's cases is provided by:
Dubai Attorneys
(123) 456-7890
dubai-attorneys.com
Contact: Name Surname
Arbitration Statistics
DSIC's arbitration statistics display historic data regarding arbitration cases.
Contact us
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