(MENAFN) Nasdaq Dubai exchange has opened futures contracts, comprising chief indexes of the two key stock markets in Dubai and Abu Dhabi.
The launch was said to might actually play a major factor in generating cash to equity markets in the UAE.
A disclosure is offered in this move to the General Index of the Abu Dhabi Securities Exchange along with Dubai Financial Market's equivalent index.
Nasdaq Dubai's chief executive Hamed Ahmed Ali reportedly declared "this is one of the templates for stock markets in the UAE and how they can complement each other."
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