The Qatar Financial Center Regulatory Authority (QFCRA) today announced the development of a new regulatory framework for listed derivatives and the issuance of the Derivatives Markets and Exchanges Rules for 2023, after a three-month period of public consultations with investors and market participants.
The center stated in a press statement, according to QNA, that the launch of these rules means the establishment of a regulatory framework in the Qatar Financial Center that allows the establishment of a derivatives exchange, in addition to a central clearing house, to ensure the effectiveness of the settlement process and manage settlement risks.
** 5 benefits of establishing the new stock exchange:
- It will form a fundamental pillar in the development of the Qatari capital market.
Upgrading the stock market to the ranks of advanced markets.
- The stock exchange will provide opportunities that allow investors to better manage and diversify their financial portfolios.
- It will provide financial institutions and Qatari and regional brokerages with new opportunities for growth and business expansion with clients.
- It will provide investors with the opportunity to trade options and futures contracts related to shares listed on the Qatar Exchange, in addition to contracts related to the Qatar Stock Exchange index, which will be listed on the new derivatives exchange.
It is noteworthy that the Qatar Stock Exchange plans to establish a derivatives exchange and a counterpoint for central clearing in the Qatar Financial Center, and recently announced the conclusion of an agreement with the London Stock Exchange Group that provides for the provision of the necessary technology for new trading and clearing operations and for monitoring the market.
