Al Safwa Mubasher launches trading on FTSE Saudi Arabia Index Future

Al Safwa Mubasher launches trading on FTSE Saudi Arabia Index Future

DUBAI: Al Safwa Mubasher has announced the launching of trading on FTSE Saudi Arabia Index Future to be the latest index provided to its clients to enhance their clients’ market tracking experience.

The announcement reflects the successful understanding and efforts of NASDAQ Dubai and its partners, like Al Safwa Mubasher, in providing the best and most significant tools and services to their clients to ensure that they can use every leverage in their favor to utilize their investment potentials in the most profitable way.

Ehab Rashad, CEO of Al Safwa Mubasher, said: "This announcement comes to reveal the professionalism and constant developing of NASDAQ Dubai to provide us, and our clients, with services that ease their market’s screening, especially the Saudi Market which is capable to embrace more services in order to fulfill its massive potentials.”

"It is a unique opportunity for investors to trade contracts depending on the FTSE Saudi Arabia Index Future which tracks the performance of the Saudi market and is widely followed by regional and international capital market investors. The index, which contains 46 companies listed on Tadawul, provides a convenient way to replicate the performance of the overall Saudi market through a single instrument which can be a game changing factor in some investing decisions, it’s a true leverage", Rashad added.

What is your view on this ? Let us know in the comments section