Khaleej Times

DFM debuts equity futures

-

dubai — The Dubai Financial Market (DFM), introduced equity futures trading, as part of its new futures trading platform, amid unpreceden­ted participat­ion from the brokerage community.

This step provides further impetus to the DFM’s strategy to diversify product offerings and attract more investment­s. The DFM has developed a robust regulatory framework, in line with internatio­nal best practices, creating a favourable environmen­t for active participat­ion from various market participan­ts. This strategic step also enables investors to diversify and hedge their portfolios and access equity futures.

To celebrate the launch of this comprehens­ive futures platform, the DFM hosted an opening bell ceremony in the presence of Hassan Al Serkal, CEO of the DFM; Maryam Fekri, CEO of Dubai Central Clearing and Depository Holding; Hamed Ali, CEO of Nasdaq Dubai and Deputy CEO of the DFM; and senior representa­tives of the launch partners.

“The DFM spares no effort in its quest to continuous­ly develop its products and services, providing market participan­ts with a wider range of innovative products, in response to their evolving expectatio­ns. The launch of this new platform is another milestone in the DFM’s momentous journey. It underlines our commitment to diversify investment opportunit­ies for the DFM’s large and diversifie­d base of local and internatio­nal investors. Owing to this strategy, the DFM has become one of the leading regional markets that provide multiple asset classes, including shares, bonds, sukuks, ETFs and equity futures. Additional­ly, we plan to add Reits trading and expand our platforms and attract new companies for listing in the coming period,” noted Kazim.

To date, the platform has attracted 16 leading companies as launch partners, including trading members, market makers, as well as technology and data providers.

“We look forward to seeing vari

We plan to add Reits trading and expand our platforms and attract new companies for listing in the coming period

Essa Kazim, Chairman of the DFM

ous market participan­ts fully leverage the benefits of this promising platform, as we are confident of its growth prospects, considerin­g investors’ growing demands for diversifie­d financial instrument­s and multiple asset classes,” added Al Serkal. — Wam

 ?? — Wam ?? RELIABLE: The DFM has developed a robust regulatory framework in line with global best practices.
— Wam RELIABLE: The DFM has developed a robust regulatory framework in line with global best practices.

Newspapers in English

Newspapers from United Arab Emirates