Daman Securities joins Nasdaq Dubai to trade derivatives

Daman Securities joins Nasdaq Dubai to trade derivatives:

Daman Securities has joined Nasdaq Dubai as a member to trade equity derivatives.

The move enables clients of Daman Securities to make gains whether share prices rise or fall, by trading futures on the exchange, the bourse said in a statement.

The addition of Nasdaq Dubai futures trading is a further step in Daman Securities’ growth strategy, which included becoming a member of Nasdaq Dubai’s equity market in March 2017.