UNITED ARAB EMIRATES: Nasdaq Dubai Launches Futures Trading on FTSE Russell Saudi Arabia Equity Index

Tuesday February 26 2019

Nasdaq Dubai launched futures trading on the FTSE’s Saudi Arabia Index which monitors 46 Saudi Arabian-listed companies.

The futures are designed as investment tools for global and regional investors including funds that use the index as a benchmark for investing in Saudi equities.

The move is part of a rapid expansion of Nasdaq Dubai’s equity derivatives market covering Saudi Arabia, whose Tadawul stock market is the largest and most heavily traded in the Middle East. Nasdaq Dubai launched single stock futures trading on 12 Saudi companies last month.

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