ADX follows Dubai bourse into the futures with Nasdaq - The National:
"Abu Dhabi Securities Exchange (ADX) and Nasdaq Dubai will launch a futures contract linked to the Abu Dhabi General Index (ADI), enabling investors to trade equity futures on Nasdaq’s derivatives platform, the two parties announced.
It follows an almost identical agreement between Nasdaq Dubai and Dubai Financial Market (DFM) on Sunday, to launch a futures contract linked to the DFM General Index (DFMGI), which would also be traded on Nasdaq Dubai.
ADX and Nasdaq Dubai said in a statement on Monday: “Subject to regulatory approval, ADI futures are expected to be traded later this year with the support of leading UAE brokers, and targeted at professional and institutional investors enabling them to take a macro view on the ADX market.”"
'via Blog this'
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