The Qatar Stock Exchange, in association with the London Stock Exchange Group (LSEG), will launch new trading system, which will also enable derivatives trading in the future.
In this regard, the QSE and LSEG entered into agreement whereby the Qatari bourse will receive the latter's trading and market surveillance technology.
The QSE will be powered by the same technology used by the LSEG. The new QSE solution will be based upon LSEG’s financial markets product suite, a robust, scalable, and high-performance technology offering, which includes trading, market data, data analytics, and market surveillance.
Utilising a common foundation, all products adhere to a unified architecture and share the same technology framework, data constructs and software engineering methodology.
At the completion of this project, the QSE will have a proven technology solution, offering high performance, low latency matching and a powerful market surveillance solution including market data visualisation and analytics.
LSEG’s financial markets technology products are used by over 25 financial markets infrastructure operators across the globe, including Johannesburg Stock Exchange, Singapore Exchange and LSEG.
“QSE is looking forward to working with LSEG to provide us with industry leading resilience, performance, and business capabilities. The implementation of this technology will enable QSE and its customers to pave the way for QSE to become the leading financial markets innovator in the region,” said QSE chief executive Tamim Hamad al-Kawari.
The launch of the new trading system will be a great milestone for QSE, according to Aisha al-Mahmoud, QSE’s IT Director.
"It enables us to deliver even greater value as well as offering new products and services to a whole new range of potential clients and participants in the derivative and equity capital markets arena," she added.
Peter Jessup, Head of Market Infrastructure Business Development, Trading and Banking Solutions, LSEG, said: “We are excited to have several of our products selected by QSE to power their market and provide the foundation of QSE’s ongoing growth.”
The QSE will be powered by the same technology used by the LSEG. The new QSE solution will be based upon LSEG’s financial markets product suite, a robust, scalable, and high-performance technology offering, which includes trading, market data, data analytics, and market surveillance.
Utilising a common foundation, all products adhere to a unified architecture and share the same technology framework, data constructs and software engineering methodology.
At the completion of this project, the QSE will have a proven technology solution, offering high performance, low latency matching and a powerful market surveillance solution including market data visualisation and analytics.
LSEG’s financial markets technology products are used by over 25 financial markets infrastructure operators across the globe, including Johannesburg Stock Exchange, Singapore Exchange and LSEG.
“QSE is looking forward to working with LSEG to provide us with industry leading resilience, performance, and business capabilities. The implementation of this technology will enable QSE and its customers to pave the way for QSE to become the leading financial markets innovator in the region,” said QSE chief executive Tamim Hamad al-Kawari.
The launch of the new trading system will be a great milestone for QSE, according to Aisha al-Mahmoud, QSE’s IT Director.
"It enables us to deliver even greater value as well as offering new products and services to a whole new range of potential clients and participants in the derivative and equity capital markets arena," she added.
Peter Jessup, Head of Market Infrastructure Business Development, Trading and Banking Solutions, LSEG, said: “We are excited to have several of our products selected by QSE to power their market and provide the foundation of QSE’s ongoing growth.”