Building on its unprecedented success in real estate and financial markets, Dubai is likely to become a global hub for derivatives trading, one leading trading expert has told Emirates Business.
US-based derivatives analyst Steve Misic told the news organisation that the emirate was likely to lead the way in a region that will be boosted by oil trading when demand begins to pick up.
He explained that the region has a large role to play in redeveloping global financial trading and added that Dubai would be a natural choice for derivatives traders.
"Dubai is one of the strongest markets in the world and with its stringent regulation and inherent strength and appetite for growth, the city is poised to become one of the major platforms for derivatives trading in the world," said Mr Misic.
FX Street reports that in addition to be being an accomplished trader, Mr Misic also has the ability to teach the complexity of markets in a way that is simple and practical.