Liquidity and product offering set to increase as ADX launches derivatives market – The National

Liquidity and product offering set to increase as ADX launches derivatives market – The National

Abu Dhabi Securities Exchange launched a derivatives market on Thursday that will allow trading in single stock futures as part of the bourse's strategy to develop the emirate's capital markets and bring its products and services in line with global peers.

Trading in the single equity futures of Etisalat, First Abu Dhabi Bank, the UAE’s largest lender by assets, International Holding Company, Adnoc Distribution and Aldar Properties started on Thursday, with more securities to be added later this year and in 2022, according to a statement from Abu Dhabi Media Office.

"With the launch of single equity futures, the new market will give investors and traders the opportunity to benefit from increased leverage, two-way market exposure and hedging capabilities," the ADX said in a statement on Thursday.