Boursa Kuwait is issuing IPTM 2 trading rules for public consultation

Boursa Kuwait is reviewing its trading rules and has placed a draft copy of the proposed new rules on its website for a market-wide public consultation. The consultation will run until 9 February, 2017 when feedback will be collated and input into the final version.

The launch of the future trading rules draft and consultation exercise supports the company’s efforts to establish a transparent approach in all its market related developments. The exercise will allow stakeholders to engage directly with Boursa Kuwait by sharing perspectives and opinions on the contents of this important document.

Commenting on this event, Boursa Kuwait Vice Chairman and CEO, Khaled Abdulrazzaq AlKhaled said: “Revising our trading rules is an important significant step towards improving our market performance and supporting the needs of our clients. By sharing this with our stakeholders, we are gauging the degree to which this draft addresses market needs and sentiment accurately and, more importantly, it allows us to directly take market guidance into account in producing the final draft.

“This is an ideal process which allows us to introduce a series of successful tools and solutions in the short and long term, and ensure that transparency remains at the core of all our operations.”

Boursa Kuwait was created by the Kuwaiti government to bring positive change to the stock market by developing a wide pool of internal resources and expertise to create a modern stock exchange that operates to world class standards. This entails the development of investment tools, restructuring the market to increase its competitiveness, working to increase liquidity and attract investments.