The Saudi Stock Exchange Company (Tadawul) announced the launch of the financial derivatives market in the Kingdom on August 30, 2020, and the beginning of trading in futures contracts for indices as the first financial derivative product to be traded in The Saudi Stock Exchange.

According to a statement to the Stock Exchange today, this launch represents an important step in the endeavors to develop the Saudi financial market and provide investors with a full and diversified set of investment products and services.

As the Saudi Futures 30 (which is based on the MT30 index) has been developed to provide investors with hedging tools to manage risk more effectively, and provide various opportunities to invest in The Saudi Stock Exchange.

(Fun Knowledge of Knowledge)