Qatar Stock Exchange announced that it and the Securities Depository Company supervised the implementation of the first securities lending and borrowing transaction conducted in the Qatari market.
A statement issued by the Qatar Stock Exchange stated that HSBC Bank acted as the custodian and lending agent for the deal, while QNB Financial Services acted as the borrower.
In August 2023, Qatar Stock Exchange and Edaa announced the start of covered short selling and securities lending and borrowing activities in accordance with regulatory controls, which would pave the way for launching the derivatives market and approving investment instruments that will be traded later.
