Dubai – Mubasher: Securities & Investment Company UAE (SICO UAE) has joined Nasdaq Dubai’s derivatives market as a member, to enable its clients to take positions on regional share markets, the bourse stated on Monday.
This move crowned Bahrain-based SICO’s regional expansion programme, under which SICO UAE joined Nasdaq Dubai in March 2017 as equities Member, Nasdaq Dubai added.
“Nasdaq Dubai’s expanding equity derivatives market offers attractive investment opportunities to our growing range of mainly institutional and high net worth individual clients and paves the way for us to introduce new investment products,” SICO UAE’s chairperson Najla Al Shirawi commented.
“SICO UAE provides a significant new investor channel into our equity derivatives market as we prepare for further growth, which will in due course include the addition of a variety of futures products on regional share markets,” Nasdaq Dubai CEO Hamed Ali concluded.
