Tuesday 24 April 2012

Kuwait exchange targets derivatives, transparency - Arab News

Kuwait’s stock exchange will clamp down on trading “misbehavior” and offer investors a fairer playing field in the biggest overhaul of its trading system in nearly two decades, a senior bourse official said.

The exchange plans to introduce the “X-stream” trading system on May 13, backed by The Nasdaq OMX Group Inc. It will pave the way for trade in financial instruments such as Islamic bonds and exchange-traded funds (ETFs).

It will also keep a closer eye on possible cases of insider trading or price manipulation using an integrated surveillance system.

No comments:

Post a Comment