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Boursa Kuwait launches Special Trades transactions

KUWAIT, December 24, 2016

Boursa Kuwait, a private entity which is managing the Kuwait Stock Exchange's (KSE) operations, has announced the launch of ‘Special Trades’ transactions, after receiving final approval from the Capital Markets Authority (CMA).

This is in line with the company’s diligence to address market needs, it stated.

Vice chairman and CEO Khaled Abdulrazzaq Al Khaled said: "Boursa Kuwait seeks to introduce new tools and products that will first and foremost, facilitate the trading process for investors, and enhance the overall status of the exchange by providing long due solutions that will allow them to manage their investments more efficiently."

“This is one of many tools the company aims to launch in the stock market, and we will continue to work towards improving the infrastructure and business environment of the exchange to create a robust, transparent and fair capital market platform,” he noted.

Boursa Kuwait had recently announced the launch of a market wide consultation for the Market Makers Rulebook draft, which has also been made available on the Boursa Kuwait website.

The initiative comes in line with Boursa Kuwait’s mission to reinforce the element of transparency in all its operations; and to engage stakeholders to ensure an impactful and successful end result, it added.-TradeArabia News Service




Tags: Stock Exchange | transactions | Boursa Kuwait |

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