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Finance & Markets

Swats: Saudi Derivatives Push Targets Global Investors

Saudi Arabia is seeking to deepen its capital markets, by making it cheaper and easier to trade derivatives. The changes aim to attract more investors and trading firms by providing tools to hedge positions and manage risk. Eric Swats, Senior Executive Officer at Rasmala Investment Bank spoke to Bloomberg’s Abeer Abu Omar on Horizons Middle East & Africa on the reforms in the Saudi markets.…

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Palm rises on bargain buying, stronger rival Dalian

KUALA LUMPUR: Malaysian palm oil futures rebounded on Thursday, driven by bargain buying after two straight sessions of declines and firmer rival Dalian oils. The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange was up 35 ringgit, or 0.72%, at 4,887 ringgit ($1,214) a metric ton by the midday…

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