Skip to content Skip to Search
Skip navigation

Qatar set to launch derivatives exchange after new rules issued

Reuters/Naseem Zeitoon
Bahrain's GDP grew by 4.9 percent in 2022, the fastest rate since 2013

Qatar Stock Exchange (QSE) will move ahead with the plans to establish a derivatives exchange and central clearing counterparty after the country’s financial regulator issued a new regulatory framework for listed derivatives.

The Qatar Financial Centre Regulatory Authority (QFCRA) issued the derivatives markets and exchanges rules (DMEX) 2023 after a three-month consultation with investors and market participants, it said in a statement on Monday.

QSE’s acting CEO Abdulaziz Al-Emadi said the launch of the regulatory framework will allow for the establishing of a derivatives exchange and central clearing counterparty.

“The launch of the derivatives exchange will be an important milestone in developing the Qatar capital markets and Qatar’s ambition to move to developed market status,” he added.

The statement said that establishing the derivatives exchange will allow investors to trade cash-settled options and futures on individual stocks listed on the QSE and the QSE equity index that will be listed on the new derivatives exchange.

QSE plans to establish both a derivatives exchange and a central clearing counterparty in the Qatar Financial Centre. It will partner with the London Stock Exchange Group to provide new trading, clearing, and market surveillance technology.

QFCRA’s chief executive officer Michael Ryan noted that the derivatives exchange will allow investors to better manage and diversify their portfolios.

Latest articles

Emirati director Nayla Al Khaja. Her film 'Three' is currently being shown in UAE theatres in Mandarin using Camb.ai's AI translation programme

Dubai startup helps AI-voice cloning take centre stage

A YouTube video released in January of Novak Djokovic shows the tennis star speaking fluent Spanish at a post-match press conference.  While the Serbian champion is renowned for speaking several languages, in this case his voice was created by an artificial intelligence tool developed by a Dubai-based startup, Camb.ai. The original Djokovic footage was taken […]

Alec IPO SeaWorld Abu Dhabi

Alec IPO could start listings rush in construction sector

A listing by Dubai’s Alec Engineering and Contracting could open the gates for more construction-related companies to go public as they take advantage of the country’s buoyant property market, according to a business expert. Alec, which is backed by the Investment Corporation of Dubai (ICD), the emirate’s sovereign wealth fund, is behind some of the […]

A Saudi woman works inside the first all-female call centre in the kingdom's security sector, in the holy city of Mecca, Saudi Arabia August 29, 2017. REUTERS/Suhaib Salem

Saudi Arabia unemployment fell in Q4 2023

Unemployment among Saudi Arabian nationals fell to 7.7 percent in the fourth quarter of 2023, from 8 percent during the same period in 2022, the government said this week, reflecting the growth of the non-oil sector despite an economic contraction.  Unemployment among Saudi males was 4.6 percent, which was up from 4.2 percent the year […]

Saudi finance minister Mohammed al-Jadaan

Saudi FDI inflow up but still far short of target

The net inflow of foreign direct investment into Saudi Arabia was just over SAR13 billion ($3.5 billion) in the fourth quarter of 2023, up 16 percent on the previous period, government data said this week.  The data, released by the General Authority for Statistics, puts the total net inflow for 2023 at SAR46 billion, which […]