Mubasher: Boursa Kuwait approved to register Kuwait and Middle East Financial Investment (KMEFIC) as a market maker on the securities of Acico Industries and Tamdeen Real Estate Company.
The market maker shall start performing its activity as of Sunday, 5 January, according to a bourse statement on Tuesday.
It is noteworthy to mention that on 26 December, Boursa Kuwait announced its approval to register KMEFIC as a market maker for the securities of First Dubai For Real Estate Development starting 29 December.
By the end of August, KMEFIC, a leading financial services company in the Kuwaiti market, was granted a renewable 3-year market maker licence in the bourse from the Capital Markets Authority (CMA).
The market maker system is a tool offered by Boursa Kuwait to develop the financial market, stimulate liquidity, and regulate institutional performance in the market.
