Markaz first to launch “Securities Lending” to enhance trading activities and liquidity on Boursa Kuwait

Markaz first to launch “Securities Lending” to enhance trading activities and liquidity on Boursa Kuwait

Kuwait: Kuwait Financial Centre “Markaz” announced the launch of Securities Lending and Borrowing (SLB) services in the Kuwaiti capital markets after receiving the final approval of the Capital Markets Authority (CMA). Markaz will be offering the new service through the Forsa Financial Fund and in accordance with the rules and regulations stipulated by the Kuwait Clearing Company, Boursa Kuwait, and CMA.

Markaz, in line with its history of innovation in investment products, is the first to launch Securities Lending and Borrowing services in Kuwait. Following the introduction of the new service in mid-2022, the company worked to ensure compliance with the norms and regulations set by the local regulators.

Commenting on the announcement, Mr. Ahmed K. Al Shalfan, Vice President – MENA Equities, Markaz, said: “We are pleased to launch our Securities Lending service through Forsa Financial Fund as part of our efforts to further develop Markaz’s capital markets product offering. It reflects our ongoing commitment to providing traders and investors with a wide spectrum of innovative tools and techniques to manage their risk and grow their wealth and diversify their holdings. This will contribute to developing the Kuwaiti capital markets. Our Securities Lending service will allow investors to take positions such