NAHO
Dubai – Mubasher: Naeem Shares and Bonds (NSB) brokerage has joined Nasdaq Dubai’s equity futures platform as a member, according to a statement.
“We look forward to bringing new clients from the MENA region as well as Europe and the US to trade on the futures market, as part of our expansion plan to develop our brokerage activities,” according to Naeem’s Chairman Youssef El Far.
The addition of Naeem adds significant capacity to the market in geographical reach and investor access, Nasdaq Dubai CEO Hamed Ali said, adding that the market prepares to further expand our futures platform.
A total of 653,471 contracts have traded on Nasdaq’s equity futures market since it opened on 1 September 2016, with traded value increasing every month.