Riyadh - Mubasher: The Saudi Stock Exchange (Tadawul) launched the Derivatives Market on 30 August 2020 to start trading of the kingdom's first exchange-traded derivatives product.
The financial derivatives market will offer investors a comprehensive and diversified range of investment products and services.
On Sunday, Goldman Sachs Saudi Arabia joinedTadawul as a derivatives exchange member after completing all regulatory and technical requirements.
Speaking to Mubasher, many market analysts said the launch will significantly benefit the Saudi stock market, being a new investment opportunity, noting that it will enhance the market's efficacy, emphasise its robustness while creating an attractive investment scene for foreign investors.
Here is all you need to know about the new Saudi derivatives market: