Nasdaq Dubai's move to offer Saudi futures welcomed by market analysts | ZAWYA MENA Edition:
"The announcement by Nasdaq Dubai on Monday that it will begin offering futures contracts on some of Saudi Arabia's biggest stocks has been welcomed by market participants, who have told Zawya that they expect trading in these to be more robust than the futures trades that have so far taken place with stocks in the United Arab Emirates.
Nasdaq Dubai announced on Monday that it "is preparing to launch equity futures on leading companies listed in Saudi Arabia" in the third quarter of 2018, but did not give an exact date.
It said in a press statement that futures contracts would be offered on "some of the Middle East’s largest businesses active in sectors including petrochemicals, real estate, banking and transport", but did not name the firms for whom futures contracts will be created."
'via Blog this'
No comments:
Post a Comment