Nasdaq Dubai to launch Saudi Arabian futures later this year

Nasdaq Dubai to launch Saudi Arabian futures later this year:

"Nasdaq Dubai, the UAE’s international stock exchange, is to launch futures trading in Saudi Arabian quoted companies before the end of this year, Arab News can reveal. The move will allow global investors to trade shares in Saudi Arabian listed companies via contracts to buy or sell shares at a set price in the future, and is expected to add to the attraction of the Kingdom’s financial markets among international investors.  It will be the first time Saudi stocks can be traded in derivative form."



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