Nasdaq Dubai launches Abu Dhabi and Dubai equity index futures
Nasdaq Dubai exchange launched futures contracts on Sunday covering the main indexes of the country’s two main stock markets in Abu Dhabi and Dubai. The futures provide exposure to the General Index of the Abu Dhabi Securities Exchange and the equivalent index at Dubai Financial Market, giving investors new opportunities to hedge. Nasdaq Dubai began trading single-stock futures for shares in major UAE companies in late 2016. Over 2.5mn of those contracts worth more than AED500mn have changed hands, the exchange said
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