Trading on Nasdaq Dubai’s equity futures market increased rapidly in November as new investors entered the market. A total of 222,829 contracts traded during the month, up 116 per cent from 103,393 in October.
Nasdaq Dubai will add Abu Dhabi Commercial Bank (ADCB) and Union Properties (UPP) to its equity futures market, raising the number of leading UAE companies on which futures can be traded to nine.
The market opened on September 1,
Indian Rupee Quanto futures contract of the Dubai Gold and Commodities Exchange (DGCX) has been recognised as the Most Innovative New Contract in the Currency category at this year’s Futures and Options World (FOW) Awards Asia, the derivat
The Nasdaq Dubai exchange began trading single-stock futures on shares in some of the UAE's biggest companies on Thursday, a step towards drawing fresh money into UAE equity markets.
A lack of hedging opportunities has frustra
The Nasdaq Dubai exchange will open an equity futures market next month to trade single-stock futures on the shares of some of the United Arab Emirates' biggest companies, the bourse's chief executive said on Monday.
Dubai-based World Federation of Future Sports has unveiled a new innovation driven economic sector event, which will feature innovation and futuristic technology based sports competitions.
The World Future Spor
The Dubai Gold & Commodities Exchange (DGCX) has recorded a strong start to 2016 with January figures showing an Open Interest increase of 26 per cent against the same month in 2015.
The growing Open interest on the exchange u
The Dubai Gold and Commodities Exchange (DGCX) is slated to launch Chinese Yuan futures, scheduled for December 18, subject to regulatory approvals.
The new launch is part of DGCX’s efforts to make the Yuan accessible to reg
The Dubai Gold & Commodities Exchange (DGCX), UAE's leading derivatives bourse, is set to launch an India Silver Quantro futures contract and a mini-sized WTI futures contract.
The contracts are set to
The sentiment in gold and other metal markets has been turning increasingly negative during the past month, according to an expert.
Ole Hansen, head of commodity strategy at Saxo Bank, said that no signs of inf