01 Nov, 2016Equity futures trading increases rapidly on Nasdaq Dubai

• Volume of traded contracts rises in September to 103,393 in October

• Emaar Properties is most heavily traded contract

Activity on Nasdaq Dubai’sequity futures market increased significantly in its second month, with 103,393 contracts traded in October, up 567% from 15,508 in September.

The market opened on September 1, 2016, with single stock futures contracts on seven leading UAE-listed companies: Aldar Properties, Arabtec Holding, DP World, Dubai Islamic Bank, DXB Entertainments, Emaar Properties and Etisalat. Two others companies,

Emaar Properties futures have been the most heavily traded by value since the market opened, followed by DXB Entertainments and Aldar.

Hamed Ali, Chief Executive of Nasdaq Dubai said: "We are pleased by the performance of the market so far, with increasing numbers of investors taking both long and short positions.Activity looks set to build further as we expand the range of futures offered and the number of connected brokers and other market participants."

In the last 10 trading days of October an average of

The market provides regional and international investors with unique new tools for investment and wealth protection, including hedging, leverage, and the ability to make gains when share prices are falling as well as rising.