Dubai Financial Market PJSC Launches New Series of Equity Futures Contracts

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Dubai Financial Market PJSC has announced the introduction of a new series of equity futures contracts, set to be available for trading from August 8, 2024. This move underscores DFM's commitment to enhancing its product offerings and providing diversified investment opportunities.

Dubai Financial Market PJSC Launches New Series of Equity Futures Contracts

Summary

Dubai Financial Market PJSC is launching a new series of equity futures contracts, effective August 8, 2024. This initiative aims to broaden investment options and reinforce DFM's position as a leading financial market in the region.

Dubai Financial Market PJSC (DFM), a cornerstone of financial trading in the United Arab Emirates, has announced the introduction of a new series of equity futures contracts. Effective August 8, 2024, these contracts will be available for trading, offering investors a broader range of investment opportunities and reinforcing DFM's commitment to product innovation.

The new contract series includes futures for prominent securities such as AIRARB, ANSRI, ARMX, DEWA, DEYAAR, DFM, DFMGI, DIB, DIC, DU, EMAAR, EMPWR, EMRDEV, ENBD, GFH, SALIK, and SHUAA. Each of these contracts is set to be listed on August 8, 2024, and will be de-listed on November 21, 2024, providing a clear timeline for investors to engage with these instruments.

This strategic move by DFM is poised to enhance liquidity and attract a wider range of investors, both local and international. The introduction of these futures contracts aligns with DFM's mission to offer diversified investment products that comply with Islamic Shari’a principles, ensuring that all trading activities are conducted in accordance with ethical standards.

DFM's market capitalization currently stands at AED 10.8 billion, reflecting its robust financial health and significant market presence. The company's operations are underpinned by strong governance, with the Government of Dubai holding an 80% stake through Borse Dubai Limited. This backing provides a solid foundation for DFM's ongoing growth and development.

Investors looking to diversify their portfolios may find these new futures contracts to be a valuable addition. The inclusion of high-profile companies such as EMAAR, DEWA, and ENBD in the futures offerings is particularly noteworthy, given their substantial market influence and growth potential.

Furthermore, the launch of these equity futures contracts is expected to stimulate market activity and provide more hedging opportunities for investors. By enabling traders to speculate on the future price movements of these securities, DFM is fostering a more dynamic and resilient market environment.

Given the positive outlook for DFM and the strategic benefits of the new futures contracts, investors are encouraged to consider the potential advantages of these instruments. The combination of diversified investment options, compliance with Islamic Shari’a, and strong governmental support positions DFM as a compelling choice for both individual and institutional investors.

In conclusion, the introduction of the new series of equity futures contracts by Dubai Financial Market PJSC is a significant development that promises to enhance the trading landscape in the UAE. With its strong market position, innovative product offerings, and commitment to ethical trading, DFM continues to be a leading player in the region's financial sector. Investors are advised to closely monitor these developments and consider the potential benefits of incorporating these futures contracts into their investment strategies.

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Source

Futures contracts – New Contract Series

Summary

On August 6, 2024, a notice was issued regarding the availability of new Single Stock Futures (SSFs) contract series for equity future products starting from August 8, 2024. The November 2024 SSFs contract series includes various futures contracts, each with specific contract IDs, series codes, and names. These contracts will be listed on August 8, 2024, and will be de-listed on November 21, 2024. The announcement can be accessed on the Dubai Financial Market (DFM) website. It is noted that the information is subject to change and the Dubai Financial Market Regulated Derivative Contract Trading Regulation will take precedence in case of any inconsistencies.

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