QSE has announced that it will implement, as of Wednesday October 5th 2016, the decision of the QFMA
OREANDA-NEWS. Qatar Stock Exchange (QSE) has announced that it will implement, as of Wednesday October 5th 2016, the decision of the Qatar Financial Markets Authority (QFMA), by which the Group Securities, which is one of the brokerage firms operating in QSE, will be allowed to execute margin trading activity on QSE after completing the preparations necessary to put the decision into practice in collaboration with the Qatar Central Securities Depository and the Group that was awarded the license. The Group will receive requests to open margin trading accounts as of Wednesday, October 5th, 2016, and the trading on these accounts will start as of Thursday, October 6th, 2016.
Mr. Rashid bin Ali Al Mansoori, CEO of Qatar Stock Exchange, has expressed the hope that this new service would enhance the stock market performance and stimulate trading volumes, adding that the implementation of this initiative primarily aims to boost liquidity in the market and provide new financing channels for investors, especially those who are willing to buy large amounts of stocks for their portfolios.
In light of its policy to promote investment knowledge and awareness, QSE has already held several introductory seminars on the margin trading service that allows investors to purchase securities that are partially financed by a brokerage firm licensed to provide margin trading service.
The margin trading activity is based on funding a percentage of the market value of the securities that are allowed to be traded on margin and considered as a guarantee for the funding.
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