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Kuwait bourse to roll out derivatives trading in 2014

Kuwait’s stock exchange has unveiled plans to launch derivatives trading in the first half of 2014 using its new Nasdaq-backed trading system, Reuters has reported. The exchange hopes to launch derivatives trading in the first six months of next year “if things proceed as expected,” Stock Exchange Projects Manager, Issam Alusaimi, told the news service. “By the end of this year we will have finished everything related to IT infrastructure…the next step is to take advantage of the technology.”