The Dubai International Financial Exchange (DIFX) has set up a dedicated structured products market segment to help facilitate the trading of derivatives-based and other structured investments in the region.
The market kicked off on August 28 with Deutsche Bank, Morgan Stanley and Merrill Lynch launching a total of 14 different structured products, although this was increased to 23 underlyings a few days later. As Euromoney went to press, Citi was expected to join shortly as an issuer, and DIFX says other investment banks are also likely to add their structured products to the exchange in the coming months. The new market segment, called DIFX TraX, lists equity market index products based on...
