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DFM, Nasdaq Dubai ring bell for boosting financial literacy

DFM, Nasdaq Dubai ring bell for boosting financial literacy
The bell-ringing ceremony was organised on the occasion of the World Investor Week 2020

Dubai - Mubasher: The Dubai Financial Market (DFM) and Nasdaq Dubai have rung the bell for boosting financial literacy and investor awareness, according to a press release on Monday.

With the participation of the Securities and Commodities Authority (SCA), the bell-ringing ceremony was organised on the occasion of the World Investor Week 2020, which includes similar ceremonies in exchanges across the world.

The World Investor Week 2020 is an initiative launched by the International Organization of Securities Commissions (IOSCO) to promote investors' awareness.

As part of their participation in the Week, the DFM and Nasdaq Dubai will hold a webinar on the equity futures platform, set to be launched this month.

The CEO of DFM, Hassan Al Serkal, said: "The DFM is committed to collaborating with various institutions in the UAE and beyond to enhance investors’ awareness and promote their financial literacy."

Meanwhile, the CEO of Nasdaq Dubai and Deputy CEO of DFM, Hamed Ali, commented: "Within this context, we are organising training programs for various market participants about capital markets, trading mechanisms, financial products as well as regulatory and legal matters."

It is noteworthy to mention that in cooperation with Dubai Clear and Nasdaq Dubai, the DFM plans to launch an equity derivatives platform, DFM Derivatives Platform, in October to diversify its product offerings and attract more investments.