Menacorp Remains First on Nasdaq Dubais Equity Futures Trade
Menacorp has been placed number one on Nasdaq Dubai's Equity Futures market for the very first quarter of the year. With more than 64.17 percent share in regards to trading volume, the economic services firm preserves its leadership on this advanced and fast-growing market. This accomplishment validates Menacorp's previous positions as the company covered the Nasdaq Dubai's Equity Futures market for the complete year 2016 (year of beginning of this new market) but likewise the Dubai Financial Market for 2013, 2014, 2015 and 2016 where Menacorp surpassed 49 competitors.
Nasdaq Dubai's Equity Futures market enables trading of Solitary Supply Futures on the shares of nine of the UAE's leading liquid firms: Emaar Properties, DXB Home entertainments, Abu Dhabi Commercial Bank, Aldar Properties, Arabtec Holding, DP World, Dubai Islamic Bank, Etisalat, and Union Properties. It supplies a unique possibility for regional and global investors to benefit from market activities and hedge their settings. The market opened up in 2016 behind Nasdaq Dubai's partnership with numerous funding market participants.
Racha Alkhawaja, Head of Institutional Protection, Menacorp, said: "Futures are economic contracts to buy or market a product or asset at a specified cost at a predetermined future day. Unlike stock markets, the future markets make use of very high leverage and futures could be made use of for hedging or supposition to secure a rate to lower risks. It is extremely satisfying to understand that financiers believe in Menacorp and chose our company to trade on Nasdaq Dubai Equity Futures. Having more than a fifty percent of all Nasdaq Dubai Equity Futures purchases experiencing our company reinforces our strategy of giving a one-stop-shop for capitalists trading not only in the UAE but also across the MENA region and the global markets."
Menacorp is the only UAE-based economic services to provide access to all UAE markets, consisting of DFM, Abu Dhabi Securities Exchange (ADX), Nasdaq Dubai, and Dubai Gold and Commodities Exchange.
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