24 Feb, 2009NASDAQ Dubai to amend opening times to five-day week
NASDAQ Dubai today announced amendments to its opening times, after consultation with its Members and other participants in its market.
Starting on March 22, 2009, the exchange will extend its trading hours on Sundays by three hours, to 10am to 5pm (from 10am to 2pm currently). Starting from March 27, 2009, the exchange will no longer trade on Fridays.
As a result, the trading hours of the exchange will be 10am to 5pm from Sunday to Thursday inclusive.
These changes will enable NASDAQ Dubai to focus on a full five-day trading week, like other international and regional exchanges.
The new opening times have been designed to meet the needs of investors and other participants in NASDAQ Dubai s market, as an exchange located in the Middle East.
Nasdaq Dubai, formerly DIFX, is the international financial exchange in the Middle East. It allows companies to benefit from a unique investor pool that combines regional and international wealth, making it a globally unique platform for companies to raise money and for investors to find exciting opportunities.
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