Gulf News-
Dubai: Nasdaq Dubai will launch single stock futures on GFH Financial Group (GFH) starting January 16, to enable investors to take positions on movements in the share price of the Bahrain-based company.

GFH is the first non-UAE company on which the exchange is offering futures. GFH has a secondary listing on Dubai Financial Market, on which its shares were the most heavily traded by value of any company in 2017.

The addition of GFH is the latest expansion of Nasdaq Dubai’s derivatives market, bringing to 17 the number of UAE-listed companies on which single stock futures can be traded.