ADX launches derivatives market to enhance market liquidity

ADX launches derivatives market to enhance market liquidity

The Abu Dhabi Securities Exchange (ADX) has launched a derivatives market as part of its ADX One strategy to improve market liquidity and expand its products and services offering, the Abu Dhabi media office reported. The derivatives market allows initial trading in single-stock futures of Etisalat, First Abu Dhabi Bank (FAB), International Holding Company (IHC), ADNOC Distribution, and Aldar Properties, with more securities to be added later this year and in 2022. By introducing single equity futures, the new market will enable investors and traders to benefit from increased leverage, two-way market exposure, and hedging capabilities. Meanwhile, index futures will be introduced in the first quarter (Q1) of 2022 before the expansion into a wider range of derivative products. To provide liquidity, ADQ’s Q Market Makers, BHM Capital, and Al Ramz Capital join the ADX Derivatives market, which deploys Nasdaq-delivered marketplace technology. The commented: Meanwhile, the said: