The Kuwait Stock Exchange (KSE) has come a long way since its inception back in 1983. A steady stream of developments have brought various modern innovations to the bourse and set it up for further progress. The biggest event of the past few years saw KSE sign a partnership contract with international platform, Nasdaq OMX, which brought the X-stream trading system and the 'Smarts' surveillance system to the exchange.
“All the technology has been finished,” says Issam Al Usaimi, a member of the transformation committee at KSE. “There has been a lot of [development of] infrastructure, technology and support systems. On the technology side, this has all been done very well. We have a new website and a data warehouse. There has been a lot of development.”