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Summary: Merrill Lynch has announced that it will list a new Certificate (10Y-GCC Hedge Basket Inverse Tracker Certificate) on the DIFX TraX, the structured products platform of the Dubai International Financial Exchange (DIFX). A case study of why UAE-based Damas chose to list on the DIFX was followed by an interactive question-and-answer session with company management. At the same time, Nasdaq acquired a one-third stake in DIFX, which will be rebranded Nasdaq DIFX and which plans to expand its listings further and participate in international and regional exchange consolidation. |
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