"Stock market officials are reviving plans for a Gulf Derivatives Exchange capable of trading the most sophisticated financial products.
The Abu Dhabi Securities Exchange is dusting off plans first mooted in 2005 but shelved after the eruption of the financial crisis, itself brought about by derivative bets gone wrong.
"What stopped us was the crisis. Immediately we said 'let's reprioritise', and we put it on the shelf," Rashed Al Baloushi, the ADX's chief executive, told The National."
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