NASDAQ Dubai today announced that its equities trading volumes increased to 1.04 billion in the first quarter of 2009, a rise of 62 percent from the first quarter of 2008 (640 million) and of 27 percent from the fourth quarter of 2008 (817 million).
Trading in equity derivatives has also increased satisfactorily since they were listed on the exchange in November 2008. In March, 6,816 equity futures contracts traded, up from 386 in February and 90 in January.
A total of 6,865 Dubai Gold Securities (DGS) traded in March since they listed on March 2, 2009. DGS are designed to track the spot price of gold and have been declared Shari'ah-compliant. The DGS listing was the first listing on any stock exchange in the GCC in 2009.
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