The Saudi Stock Exchange (Tadawul) on Sunday officially launched its first Derivatives Market and a clearing house, The Securities Clearing Center Company (Muqassa), both running on Nasdaq’s market technology. In a statement, the exchange also unveiled the first exchange-traded derivatives product, which is called the MT30 Index Futures. The new product is an index futures contract based on the MSCI Tadawul 30 Index (MT30). “This is a significant step in ...