Boursa Kuwait Holds Workshop in Preparation for Interim Post Trade Model (IPTM1) Official Launch

In preparation for the official launch of the IPTM1 trading model, Boursa Kuwait held a workshop for Brokers, in collaboration with the Capital Markets Authority (CMA) and the Kuwait Clearing Company (KCC). The workshops were held on 16 th, 17 th and 18 th May, 2017 at the Boursa Kuwait premises.

The workshop was arranged with the objective to make certain that all stakeholders are up to day with the post-trading model, and the roles of all entailed celebrations.

The workshop highlighted the major changes covered in the initial phase (IPTM 1), which involves unifying the Negotiation Cycle to T +3, Business Actions, New Tick Sizes, Enhanced Price Limitations, and Randomized Closing Auction. An in-depth description of each existed to the participants. Each of CMA, Boursa Kuwait and KCC highlighted their function in the blog post trading methods and systems, and the primary advantages of this model to the exchange. The IPTM is an initial for the Kuwait market and is available in line with Boursa Kuwait's technique, which focuses on the development and modern shift of the Kuwaiti exchange.

For more information on Boursa Kuwait, please browse through
www.boursakuwait.com.kw or email info@boursakuwait.com.kw.