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.