The increase followed year-on-year monthly volume rises of 110 % in June 2009, to 190m shares, and 32% in July 2009, to 128m.
In the first eight months of 2009 trading reached 2.06bn shares, up 71% from 1.2bn reported in the same period of 2008.
The exchange introduced mandatory reporting of all over the counter equities trades in September 2008.
Equity derivatives trading volumes grew in August to a monthly record of 12,115 futures contracts, up 37% from 8,845 in July. A total of 55,307 futures contracts have traded since Nasdaq Dubai launched its equity derivatives market in November 2008.
Equity futures are listed on 21 individual UAE companies and on the FTSE Nasdaq Dubai UAE 20 share index, which was designed as a hedging and investment mechanism for GCC and international investors. The index rose 54% from end-2008 to end-August 2009.
A total of 371 Dubai Gold Securities (DGS) traded on the exchange in August 2009, down 87% from 2,888 in July 2009. Since listing in March 2009, a total of 27,641 DGS traded on the exchange to the end of August.
Browse
related articles
Nasdaq Dubai monthly trading report: August 2009
- United Arab Emirates: Wednesday, September 09 - 2009 at 13:43
- PRESS RELEASE
Equities trading volumes on Nasdaq Dubai rose to 175m shares in August 2009, up 80% from 97m reported in August 2008.
Related stories
Also consider reading:
Digg
Facebook
LinkedIn
Twitter
Browse
related articles
Today's most read articles:
- » Ford 2011 Mustang to have new engine
- » Dubai World: Official statement on debt obligations
- » Moody's: Dubai World restructuring unlikely to threaten sovereign credit of UAE and Abu Dhabi
- » Dubai World to restructure $26bn Nakheel, Limitless debt
- » More than $147bn committed to development of the Middle East's road, rail and public transport infrastructure
Log in to request more information from Nasdaq Dubai
Notes and media contacts
About Nasdaq DubaiNasdaq Dubai is the international financial exchange serving the region between Western Europe and East Asia. It welcomes regional as well as global issuers that seek regional and international investment. The exchange currently lists shares, derivatives, exchange-traded commodities, structured products, Sukuk (Islamic bonds) and conventional bonds.
The majority shareholder of Nasdaq Dubai is Borse Dubai with a two-thirds stake. Nasdaq OMX Group owns one third of the shares. The regulator of Nasdaq Dubai is the Dubai Financial Services Authority (DFSA). Nasdaq Dubai is located in the Dubai International Financial Centre (DIFC).
For more information, contact:
Mark Fisher
Nasdaq Dubai
Tel: +971 4 3612220
Mohamed Tahboub
Snr. Account Manager - Finance Practice
Jiwin Public Relations
Tel: +9714 3613598
Posted by Rima Ali Al MashniWednesday, September 09 - 2009 at 13:43 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
Disclaimer:
Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com
Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.
For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions
It looks like you are using a Mac - check out our 
Web Feeds