Boursa Kuwait Launches ‘Special Trades’ transactions
In line with the company’s diligence to address market needs Boursa Kuwait announced today the launch of ‘Special Trades’ transactions, after receiving final approval from the Capital Markets Authority (CMA).
Boursa Kuwait Vice Chairman and CEO, Khaled Abdulrazzaq AlKhaled 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”. AlKhaled added “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.”
“I would like to thank The Capital Markets Authority for their cooperation and hard work for this project, and I would also like to thank the Kuwait Clearing Company for their continued support in ‘Special Trades’ transactions assignment.”
Boursa Kuwait 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.
Khaled Abdulrazzaq AlKhaled