Nasdaq Dubai launches Abu Dhabi, Dubai equity index futures | ZAWYA MENA Edition:
"In a move that could attract fresh money to the United Arab Emirates' equity markets, the Nasdaq Dubai exchange launched futures contracts on Sunday covering the main indexes of the country's two main stock markets in Abu Dhabi and Dubai. The futures provide exposure to the General Index .ADI of the Abu Dhabi Securities Exchange and the equivalent index .DFMGI at Dubai Financial Market DFM.DU , giving investors new opportunities to hedge. "This is one of the templates for stock markets in the UAE and how they can complement each other," Hamed Ahmed Ali, chief executive of Nasdaq Dubai, told reporters on Sunday."
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