The Qatar Stock Exchange announced today the cancellation of the minimum trading commission of 30 riyals, and instead adopted a fixed commission rate of 0.00275 without a minimum. This decision comes within the framework of strategic efforts to enhance liquidity, stimulate trading, and increase the market attractiveness to individual and institutions. This decision will enter into force as of March 16.
The Qatar Stock Exchange, in a statement published on its website, pointed to this decision in line with the third national development strategy for the State of Qatar (2024 – 2030) and the third strategy for the financial sector, which is a road map that aims to achieve comprehensive and sustainable development, with a focus on developing investor service, including small investors, as it seeks to empower them and enhance their investment opportunities by creating a stimulating business environment, which contributes to achieving development Sustainable in Qatar. In turn, Mr. Abdulaziz Nasser Al -Emadi, CEO of the Agency, told the Qatar Stock Exchange, “This decision comes within the framework of the Qatar Stock Exchange strategy aimed at stimulating trading and increasing market liquidity,” noting that removing the minimum trading commission gives investors greater flexibility in implementing their financial operations, and supports the development of a more attractive and competitive investment environment, which contributes to achieving the sustainable growth of the Qatari financial market.
Mr. Al -Emadi added that this procedure is a new step towards developing the financial market in Qatar, in line with the best global practices, as it contributes to facilitating entry into the market in front of new investors, reducing the costs of transactions, and stimulating daily trading, and that removing the minimum commission enhances the transparency and structure of the market, which creates a more efficient and attractive financial environment for local and foreign capital.
This decision reflects the commitment of the Qatar Stock Exchange towards developing the trading environment, which provides broader opportunities for investors, especially small investors, to take advantage of the low costs of trading commission, and it is expected that the cancellation of the minimum commission will lead to an increase in the volume of liquidity in the Qatari financial market, and attracting new groups of investors, which enhances the efficiency of the market and its regional and international competitiveness.
The decision is expected to contribute to raising daily trading rates, as investors now have the ability to implement smaller deals without worrying about the impact of the minimum commission on trading costs. This amendment also provides greater incentives for financial brokerage companies, which enhances their ability to attract new investors and diversify their customer base.
The Qatar Stock Exchange affirmed its continuous commitment to the development of the financial market in the country, by launching initiatives and reforms that enhance liquidity, support investment diversification, and rise to the experience of investors in line with the Qatar Stock Exchange strategy (2024 – 2030).