Tadawul Announces the Launch Date of the Saudi Derivatives Market and Index Futures

Tuesday 1441/11/23 - 2020/07/14
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Riyadh, July 14, 2020, SPA -- The Saudi Stock Exchange (Tadawul) announced today that the launch of exchange-traded derivatives will be on 30 August 2020. The first exchange-traded derivatives product is an index futures contract, the Saudi Futures 30 (SF30) and this contract is based on the MSCI Tadawul 30 Index (MT30).
The launch of the Derivatives Market aims to further support the growth of the Saudi capital market by creating new opportunities for investors, providing them with hedging tools to manage risk, and to expand exposure opportunities to the Saudi Market, one of the largest and most liquid markets in the world.
13:49 LOCAL TIME 10:49 GMT