Dubai Financial Market Launches Futures Contracts on Its General Index

The Dubai Financial Market (DFM) announced the offering of futures contracts on its General Index (DFMGI), which includes the most liquid and largest companies listed on the DFM. The listing and trading of DFMGI futures has been commenced on May 29, 2023.

By trading futures contracts on the DFMGI, investors can gain access to the indices of the DFM's most liquid and largest stocks, such as Empower, Dewa, Salik, Emaar, and Aramex. The DFMGI futures closely tracks the underlying price performance of the DFM General Index, providing a benchmark for the Exchange's overall performance.

DFMGI will provide strong diversification and hedging opportunities for both retail and institutional investors and drive more professional investors' participation in the marketplace. DFM's latest endeavor aims at globalizing Dubai's financial markets and enhancing market depth and liquidity.

"The launch of DFMGI Future is further evidence of our commitment to diversify products and provide investors with unique investment and hedging opportunities," said Hamed Ali, CEO of DFM. "This is in line with our concerted efforts to bring innovative products to market to increase retail and institutional investor participation while increasing the depth and breadth of the market."

Over the past year, DFM has been expanding its presence by connecting with partners globally, including Centroid Solutions​, Swissquote and amana​.