Eurex, the world’s largest derivatives exchange, will open a trading hub in Dubai in April, subject to approval from the Dubai Financial Services Authority.The hub will provide a connection to the exchange for Middle Eastern investors, bridge the time gap between Asia and the US, and take advantage of the increasing number of euro-denominated Middle Eastern assets.
The exchange says it will exempt all new 2007 participants from a joining licence fee and the first year of transaction fees, to incentivise investors and boost liquidity in this relatively young derivatives market.
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