Latest news with #capitalMarket
Zawya
02-07-2025
- Business
- Zawya
Kuwait's CMA launches regulatory framework for emerging companies on KSE
KUWAIT CITY - Kuwait's Capital Markets Authority (CMA) has officially launched a new regulatory environment to support the listing and trading of emerging companies on the Kuwait Stock Exchange (KSE), in cooperation with Boursa Kuwait. The initiative includes the creation of a dedicated platform for these companies, alongside key amendments to existing listing rules. In a statement released on Tuesday, the CMA confirmed that the move is part of broader efforts to adopt international best practices, promote capital market development, diversify investment tools, and enhance both market competitiveness and transparency — all aimed at bolstering investor protection. The approved amendments focus on strengthening listing standards by requiring companies to maintain certain conditions, including minimum thresholds for free float shares and their market value. These measures are designed to improve liquidity and ensure sustained compliance with regulatory obligations. The Authority emphasized that supporting emerging companies is crucial to driving economic growth and aligns with Kuwait's broader strategic vision. The newly launched market will offer an attractive financing environment for smaller and growing enterprises while providing investors with fresh opportunities governed by high transparency standards. The regulatory framework is the result of a comprehensive study conducted by the CMA, which formed the basis for drafting specific rules to govern the emerging companies market. The platform is intended to serve as both a support system for these businesses and a dynamic investment space in line with global benchmarks. The CMA also underscored the importance of continuously evolving the rules that govern listing conditions. This includes safeguarding investor interests by removing companies that fail to meet their obligations and ensuring adequate liquidity by enforcing minimum requirements for free float shares in both the primary and secondary market segments. Additionally, the Authority reaffirmed its commitment to enhancing executive regulations that protect investors and empower small shareholders to actively participate in corporate decision-making processes. This latest move is seen as a significant step toward further modernizing Kuwait's financial sector and creating a more inclusive and diversified capital market landscape. Arab Times | © Copyright 2024, All Rights Reserved Provided by SyndiGate Media Inc. (
Zawya
27-06-2025
- Business
- Zawya
Saudi Exchange unveils amendments for securities to enhance market efficiency
Riyadh – The Saudi Exchange (Tadawul) has amended the structure of its minimal incremental price movement bands, known as tick size bands, for both the Main and Parallel (Nomu) Market securities, excluding debt instruments. Tadawul is expanding the applicability of smaller tick sizes, which will enable more precise pricing and enhance overall market efficiency, according to a press release. Increasing the applicability of smaller tick sizes will also minimize spread constraints, thereby reducing trading costs for investors. Moreover, the amendments also include a band for securities priced at or above SAR 500. Mohammed Al Rumaih, the CEO of the Saudi Exchange, said: "At the Saudi Exchange, we have long been committed to fostering an advanced capital market that caters to the evolving needs of investors.' Al Rumaih elaborated: 'These enhancements to tick sizes are the result of our close engagement with market participants and ensure that the Saudi Exchange remains highly competitive and attractive to investors around the world.' The CEO concluded: 'These changes will offer many benefits, including lower trading costs, fairer prices, and a smoother trading experience for investors.' The new structure introduces expanding the applicability of smaller tick size bands, in addition to an additional band for securities priced at SAR 500 and above to maintain an appropriate range of spreads across price bands. The implementation of these enhancements is part of the efforts of Saudi Tadawul Group and its subsidiaries to develop the Saudi capital market, in line with the objectives of the Financial Sector Development Program (FSDP) and reinforce its position as a globally attractive investment destination. All Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. (
South China Morning Post
15-05-2025
- Business
- South China Morning Post
China to enhance Swap Connect by extending tenor, use loan prime rate as reference
Mainland China and Hong Kong are expanding the product offerings under the Swap Connect scheme, increasing the tools to manage interest-rate risks, as regulators look to further open up the capital market to global investors. The tenor of interest-rate swap contracts would be extended to 30 years from 10 years 'to meet the diverse risk management needs of market institutions', the Securities and Futures Commission (SFC) said in a statement on Thursday. Contracts using the onshore Loan Prime Rate as the reference rate would also be introduced, it added. 'Relevant infrastructure operators in both markets will implement these enhancement measures progressively,' the SFC said, following its joint effort with the People's Bank of China and the Hong Kong Monetary Authority. Swap Connect, launched in May 2023, is the world's first derivatives mutual market access programme, with its initial phase designed to help global investors manage interest-rate risks when they invest in yuan-denominated bonds. The scheme was updated last year to enable institutions to trim capital costs and foster active trading. 08:23 China unveils policy package to guard against US tariffs ahead of trade talks in Switzerland China unveils policy package to guard against US tariffs ahead of trade talks in Switzerland Swap Connect allows domestic and foreign investors to conveniently complete interest-rate swap transactions, according to regulators. It centralises clearing through mutual access in terms of trading, clearing and settlement, without changing trading habits and in compliance with the laws and regulations of both markets.
