The US Dollar Index Futures
was down 0.46percent at 97.613.
Futures for the Dow Jones Industrial Average fell 2 points to 25,941.00 while the Standard & Poor's 500 index futures
slipped 0.10 points to 2,883.25.
The index will provide investors with a useful benchmark of the largest liquid companies in Saudi Arabia and serve as the basis for development of an index futures
contract listed on Tadawul and can be licensed for other index linked financial instruments, including mutual funds, derivatives and exchange-traded products.
The MSCI Tadawul 30 Index (MT30) has been designed with tradability, investability and capping criteria to be able to serve as the basis for index futures
and other financial products including derivatives and exchange-traded products," Robert Ansari, Head of the Middle East at MSCI, said.
By trading the index futures
, investors can hedge their positions.
equity index futures
also lifted some following a shaky session on Wall Street following the Trump administration's cancelation of the planned summit with North Korea.
M2 EQUITYBITES-February 6, 2018-Intercontinental Exchange declares record trading week for NYSE FANG+ Index Futures
The exchange also rolled out the dynamic price banding mechanism designed to stabilize price fluctuations applicable to the spot month and next calendar month contracts of TAIEX and mini-TAIEX, and that is set to expand to other stock index futures
will be Market Makers on NASDAQ Dubai's upcoming index futures
based on Dubai Financial Market's DFMGI Index, Abu Dhabi Securities Exchange's ADI Index, and MSCI's UAE Emerging Market Index.
PEKyN (CyHAN)- China's Hushen 300 index futures
closed lower on Wednesday, with the contract for April 2016 down 0.18 percent to finish at 3,196 points.
BANKING AND CREDIT NEWS-March 3, 2016-CME Group launches CME Bloomberg Dollar Spot Index Futures