Boursa Kuwait Securities Co. - BOURSA

Activities

Boursa Kuwait Securities Co. is responsible for managing the Kuwait stock market. It operates through two main segments: Securities Exchange and Clearing. The company was established on April 21, 2014. Boursa Kuwait Securities Co. is regulated by the Capital Markets Authority ("CMA") and some of its primary objectives are: Operating as a stock exchange, incorporate, or operate or contribute in the incorporation or operation of a stock exchange to reconcile buy and sell orders of securities and to follow specific procedures relating to trading and perform usual functions exercised by stock exchanges; providing design, development and processing of electronic data services related to the field of operating securities exchanges; providing design, development and information technology solutions in the field and activities of stock exchanges; providing supporting services to third parties in the securities and stock markets fields, offering advisory services relating to the stock exchange activities and the regulations applying to its members, preparing economic feasibility studies in the stock exchange field, incorporate and participate in the incorporation of companies inside the State of Kuwait and abroad of different types and legal forms within the scope of the Company's objectives; own securities in companies that work in the field of stock market or securities activities; the Company may have interests in, or cooperate or contribute or participate in any way in other financial markets or companies or entities engaged in any type of business, activities, or similar activities or those that may support the Company in achieving its purposes inside the State of Kuwait or abroad pursuant to the applicable laws and regulations, etc. In summary, Boursa Kuwait plays a crucial role in Kuwait's financial landscape, offering services related to securities and stock exchange operations.