(MENAFN- The Peninsula) After the imminent launch of Exchange Traded Funds (ETFs), Qatari bourse will introduce several other products and services as part of improving the country's capital markets infrastructure, Qatar Stock Exchange (QSE) CEO Rashid bin Ali Al Mansoori has said.
'We are expecting to list two ETFs on Qatar Stock Exchange in the very near future. The first ETF follows QE Al Rayan Islamic Index; and the second one follows QSE Index. The ETF initiative is just one of many that we have introduced or are working to introduce to our market as means of broadening the range of products and services we offer and to improve the capital markets infrastructure, Al Mansoori said while speaking at an ETF awareness seminar organised by QSE.
Addressing the event, the QSE CEO stressed that ETFs are increasingly important part of the investment landscape, covering every conceivable asset type, market sector and trading strategy. ETFs are used by a wide array of investors because of their cost effectiveness and ease of use. QSE is delighted to be part of this investment revolution, he said.
'In recent times we have seen the introduction of liquidity provision as a service for our listed companies, the introduction of margin trading, and the trading of rights issues. We have seen the inclusion of debt products and the first QFC registered entity joining our other listed companies. "
"We hope that these products and initiatives will be followed in due course by other products such as REITs, the introduction of new services to such as securities lending and borrowing and covered short selling and the launch of the Venture Market to help to serve our SMEs, Al-Mansoori stated.
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