Friday, 28 August 2020

Investors awaiting launch of #Saudi derivatives market next week | ZAWYA MENA Edition

Investors awaiting launch of Saudi derivatives market next week | ZAWYA MENA Edition:

The Saudi Stock Exchange (Tadawul) is close to launching the Derivatives Market to start trading of the kingdom's first exchange-traded derivatives product.

Many market analysts affirmed the launch, set to take place on Sunday, 30 August, will considerably benefit the Saudi stock market, being a new investment opportunity. It will enhance the market's efficacy, emphasise its robustness while creating an attractive investment scene for foreign investors.

The financial derivatives market will offer investors a comprehensive and diversified range of investment products and services.

It was necessary to roll out invaluable investment products for both international and local segments after competent foreign investors directly entered the Saudi market and joined emerging markets indices, member of the Saudi Economic Association, Saad Al Thaqfaan, told Mubasher.

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