Saudi Arabia is considering to introduce derivatives and other sophisticated investment tools into its bourse as part of an overall strategy to develop the market and encourage citizens to invest at home.
Tadawul, the largest and busiest bourse in the Middle East, said it is also pondering introducing exchange-traded funds (ETF) and taking further measures to boost transparency and ensure all listed firms comply with governance rules.
The Gulf Kingdom's Capital Market Authority (CMA), which oversees the Riyadh-based Tadawul, said the new plans are part of a development strategy aimed at "ensuring disciplined and fair dealing in the bourse."
No comments:
Post a Comment