BT today announced that Qatar Exchange's market data feeds will be accessible by the BT Radianz Cloud community of banks, brokers and investment managers.
This will provide investors globally with fast, neutral, cost-effective and secure access to information about investment opportunities in the Middle East.
Qatar Exchange becomes the latest in a series of Middle Eastern and North African exchanges to join the BT Radianz community. Others include Dubai Financial Market (DFM), Nasdaq Dubai, The Dubai Gold & Commodities Exchange (DGCX) and the Egyptian Exchange (EGX), all of which will create opportunities for increased international investor activity.
Andre Went, CEO of Qatar Exchange, said: "We chose to be part of the BT Radianz community because of its unparalleled global reach and neutrality. By joining this community of over 15,000 member sites, Qatar Exchange can now offer investors fast and secure access to information about the high-growth Qatar market."
Andy Nicholson, president, global banking & financial markets, BT, said: "Qatar is a rapidly-growing economy, which makes it of great interest to international investors and analysts. Having Qatar Exchange join our expansive global community is another step in our wider effort to connect to all the key Middle Eastern exchanges. This move also further underscores our commitment to providing services across the emerging markets."
The primary aim of Qatar Exchange is to provide capital-raising opportunities for Qatari companies by giving investors a platform to trade a variety of products in a transparent and efficient manner. Previously named The Doha Securities Market, Qatar Exchange was renamed in June 2009 following a strategic partnership between the Qatar Investment Authority (QIA) and NYSE Euronext, to establish the Qatar Exchange as a world-class market. The Qatar Exchange has now grown to become one of the leading stock markets in the region.