QNBFS to start liquidity provision activity for QNB from Thursday

QNB Financial Services (QNBFS) has signed a liquidity provision agreement with Qatar National Bank (QNB), Qatar Stock Exchange (QSE) announced in a statement on Wednesday.

“QNBFS will start liquidity provision activity for QNB from Thursday,” QSE said.

QNBFS, a fully owned subsidiary company of QNB Group, has received the necessary licence to become a liquidity provider after the Qatar Financial Markets Authority (QFMA) approved the liquidity provisioning scheme that financial services firms, which are members of QSE, can carry out. The aim of the scheme is to ensure greater price stability and improved liquidity in the Qatari financial market.

QNBFS invested in one of the most recognised international trading systems for liquidity provisioning activity. It also on-boarded experienced traders with advanced educational and professional experience in market making and liquidity provisioning.

In addition to liquidity provisioning, the awardwinning firm offers a range of financial services to foreign and domestic institutional investors, individuals, as well as retail and corporate clients.

QNBFS also provides international and regional institutional investors valuable information on the dynamic growth opportunities present in Qatar.

With leading equity research on locally listed companies and unmatched corporate access to key decision makers in sovereign, private, and publicly listed companies, QNBFS is considered the broker of choice for investors.