Tadawul Leads Gulf Rally as Oil Prices Recover

Saudi Arabia’s stock exchange Tadawul officially launches derivatives market

The Saudi Stock Exchange (TADAWUL) launched the kingdom’s first exchange-traded derivatives market; and clearing house on Sunday; as part of its strategy to make its equity markets more attractive to foreign investors. Using Nasdaq technology, the Saudi Futures 30 (SF30) Index Futures Contract also is based on the MSCI Tadawul 30 (MT30); the first exchange-traded...

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