Boursa Kuwait concludes consultation on trading rules IPTM2

Boursa Kuwait concluded its marketwide public consultation on the trading rules (IPTM2) draft which was posted on the company’s website. The consultation ran from end of January until 9 February 2017. Boursa Kuwait launched the consultation exercise to collate all input received from stakeholders in order to incorporate it into the final version of the trading rules (IPTM2). This transparent approach allows stakeholders to engage directly with Boursa Kuwait by providing invaluable comments and perspectives that will further enhance the final document.

Khaled Abdulrazzaq AlKhaled, Boursa Kuwait Vice Chairman and CEO, addressed all participants in the consultation and said: “We would like to express our deepest gratitude for your engagement and commitment to provide your opinions and views on the trading rules. This has enabled us to gauge sentiments on how far this draft meets market needs and to also emphasize on accuracy when producing the final document.

“We are confident of all the feedback we gathered and we shall ensure that transparency and engagement remains at the center of our operations. We thank all those who participated for their trust and belief in Boursa Kuwait’s vision.” 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.