Dubai Financial Market Announces New Equity Futures Contract Series
Dubai Financial Market PJSC (DFM) continues to expand its financial product offerings with the launch of a new series of equity futures contracts, set to be available for trading starting June 13, 2024.
Summary
DFM has announced the introduction of a new series of equity futures contracts, effective June 13, 2024. This strategic move aims to enhance market liquidity and offer investors diversified trading opportunities. The new contracts cover a range of prominent companies listed on the Dubai Stock Exchange.
In a significant development, Dubai Financial Market PJSC (DFM) has announced the launch of a new series of equity futures contracts, which will be available for trading from June 13, 2024. This move is poised to further solidify DFM's position as a leading financial hub in the region.
The new contract series includes futures for a diverse array of prominent companies listed on the Dubai Stock Exchange, such as AIRARB, ANSRI, ARMX, DEWA, DEYAAR, DFM, DFMGI, DIB, DIC, DU, EMAAR, EMPWR, EMRDEV, ENBD, GFH, SALIK, and SHUAA. Each contract is set to be delisted on September 19, 2024, providing a clear timeline for traders and investors.
This strategic addition of equity futures is expected to enhance market liquidity and offer investors a broader range of trading opportunities. By providing more instruments for hedging and speculation, DFM aims to attract a wider investor base, including institutional investors and high-net-worth individuals.
Moreover, the introduction of these futures contracts aligns with DFM's commitment to complying with Islamic Shari'a principles in all its activities. This ensures that the new financial products are accessible to a diverse demographic of investors who prioritize Shari'a-compliant investments.
DFM's continuous efforts to innovate and expand its product offerings reflect its robust market capitalization of AED 10.8 billion. Backed by the Government of Dubai, which owns 80% of DFM through Borse Dubai Limited, the company is well-positioned to drive growth and stability in the financial markets of the United Arab Emirates.
For investors, this development presents a promising opportunity. The new equity futures contracts can serve as effective tools for portfolio diversification and risk management. Given the strong backing and strategic direction of DFM, investors may find it advantageous to consider these new instruments as part of their investment strategy.
In conclusion, the introduction of the new equity futures contract series by Dubai Financial Market PJSC marks a significant step towards enhancing market dynamics and offering diversified investment opportunities. Investors are encouraged to explore these new contracts and leverage them for optimized portfolio performance.
Source
Summary
The Dubai Financial Market announced that a new series of equity futures contracts will be available for trading starting on June 13, 2024. These contracts, set to expire on September 19, 2024, include futures for various companies such as AIRARB, ANSRI, ARMX, DEWA, DEYAAR, DFM, DFMGI, DIB, DIC, DU, EMAAR, EMPWR, EMRDEV, ENBD, GFH, SALIK, and SHUAA. Additional details and updates can be found on the Dubai Financial Market website. The information provided is subject to change, and the Dubai Financial Market Regulated Derivative Contract Trading Regulation will take precedence in case of any inconsistencies.
