Abu Dhabi Securities Exchange launches derivatives market, to introduce index futures in 2022 | ZAWYA MENA Edition
The Abu Dhabi Securities Exchange (ADX) launched on Thursday a derivatives market and announced plans to introduce index futures next year as part of a strategy to boost liquidity and enhance product offerings to regional and international investors.
ADQ’s Q Market Makers, BHM Capital and Al Ramz Capital, have joined the ADX Derivatives market to provide liquidity on the new platform, which uses marketplace technology delivered by Nasdaq, a statement said.
ADX said it has commenced trading in the single equity futures of some of the UAE’s biggest companies, including Etisalat, First Abu Dhabi Bank (FAB), International Holding Company (IHC), ADNOC Distribution and Aldar Properties.
“With the launch of single equity futures, the new market will give investors and traders the opportunity to benefit from increased leverage, two-way market exposure and hedging capabilities,” a statement said.
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