DFM collaborates with Launch Partners for its planned equity futures platform
- Date: 11-Oct-2020
- Source: Zawya
- Sector:Financial Markets
- Country:UAE
DFM collaborates with Launch Partners for its planned equity futures platform
DUBAI- Dubai Financial Market, DFM, today announced that a group of leading brokerage firms as well as technology and data providers have joined its new equity futures platform, scheduled for launch on 18th October, in a significant step that enables investors and brokers alike to unlock lucrative investment opportunities through trading a new and promising asset class.According to DFM, the equity futures allow investors the opportunity to diversify and hedge their portfolios and access leverage.The DFM has licensed ten brokerage firms namely; BH Mubasher Financial Services, Al Daman Securities, EFG HERMES (UAE), Arqaam Securities, Shuaa Securities, Global for Shares & Bonds, Al Dar Shares and Bonds, Al Ramz Capital, SICO Financial Brokerage and Mena Corp Financial Services, as equity futures members. Additionally, SK Advisory FZ (Zag Trader), First Information Technology,