Kuwait bourse to launch derivatives trading next year | Reuters:
"Kuwait's stock exchange plans to launch derivatives trading in the first half of 2014 using its new Nasdaq-backed trading system, a senior stock exchange official told Reuters.
Kuwait's bourse, one of the oldest in the Gulf region, launched the "X-stream" trading system in May last year at a cost of around 18.3 million Kuwaiti dinars ($65 million), part of its biggest technical overhaul in nearly two decades.
The main aims of the Nasdaq OMX Group Inc. system were to launch the trading of financial instruments and to clamp down on dubious market activity."
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