Dubai – Mubasher: Nasdaq Dubai announced listing Brokerage House Securities (BHS) on its rapidly growing derivatives market to start providing futures trading services for investors.
“We are excited to offer our clients the investment and risk insurance opportunities provided by equity futures,” commented BHS managing director Abdul Hadi Al Sadi.
BHS has implemented a large number of deals for individual and institutional investors via the Abu Dhabi Securities Exchange (ADX) and Dubai Financial Market (DFM).
“As we expand the market beyond the UAE we will bring in further regional and international brokerage and clearing institutions in order to build a thriving equity derivatives market on a par with those that already exist in other regions of the world,” Nasdaq Dubai’s CEO Hamed Ali said.
Nasdaq Dubai’s futures market started operations in September 2016 with 3.4 million deals that exceeded AED 650 million.
BHS, a subsidiary of KBBO investment group, is a large brokerage in the UAE.
