QFMA Okays Issuance of Rules & Procedures
for Omnibus Orders
August 15, 2018
Qatar Financial Markets Authority (QFMA) has
approved the issuance of rules and procedures for omnibus
orders. The new regulations govern the creation of omnibus
orders, through which the orders of a group of clients - whose
accounts are associated with one order – will be executed. After
the end of trading, shares purchased or sold are allocated to
each client’s individual account.
The issuance of the rules and procedures for
omnibus orders was approved during the last meeting of the Board
of Directors of Qatar Financial Markets Authority.
The Authority seeks, through such
regulations, to increase the attractiveness of the Qatari
capital market to both domestic and foreign investors by opening
the door to providing diversified financial services suitable to
market needs, and facilitating the task of local and
international investment managers on Qatar Stock Exchange.
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