Published: April 6, 2010
Survey suggests 2010 could be a boom year for the region's market.
The popularity of the Middle East equity derivatives market is likely to expand this year compared to 2009 levels, according to a new poll.
Almost 80% of fund managers and brokers polled by NASDAQ Dubai believe the market would become more popular this year.
Of 40 fund managers and brokers questioned, 87% described equity derivatives as useful tools for managing risk, while almost three quarters (72%) said their organisation was interested in learning more about the uses and benefits of equity derivatives.
“The survey shows that investors are poised to make increasing use of the Middle East equity derivatives market, which is still in its infancy and has potential for rapid growth,” said Jeff Singer, NASDAQ Dubai’s chief executive.