Dubai Financial Market to launch derivatives platform in October | Markets – Gulf News:
UAE stock investors can trade on a new 'equity derivatives platform' on DFM from next month. The stock exchange operator, Dubai Financial Market, is in the final stages of preparation for the new platform, in tandem with Nasdaq Dubai, Dubai Clear and leading brokerage houses.
The platform will introduce equity futures contracts on single stocks with tenures of one-, two- and three months. The inaugural contracts will include five of the most liquid equities on DFM - Emaar Properties, Dubai Islamic Bank, Emirates NBD, Emaar Development and Emaar Malls.
The move is part of DFM's efforts to diversify product offerings and attract further investments. This will enable investors to diversify and hedge their portfolios and access leverage.
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