DFM collaborates with 14 launch partners for new equity futures platform

DFM collaborates with 14 launch partners for new equity futures platform

Dubai - Mubasher: The Dubai Financial Market (DFM) has collaborated with 14 brokerage firms and technology and data providers as launch partners for its new equity futures platform, set to be launched on 18 October.

The new platform will enable investors and brokers to explore new investment opportunities through a new and promising trading asset class and diversify and hedge their portfolios, according to a press release on Sunday.

Ten brokerage firms have registered as equity futures members, including BH Mubasher Financial Services, Al Daman Securities, EFG HERMES (UAE), Arqaam Securities, Shuaa Securities, and Global for Shares & Bond.

Meanwhile, SK Advisory FZ (Zag Trader), First Information Technology, Global Market Access Holding (DIFC), and Horizon Software have joined the platform