The Capital Markets Authority (CMA) has launched a request for proposal for a tender to select an operator for its planned electronic trading platform (ETP).
The operator could be one company or a consortium of companies and the ETP will operate as a stock exchange in the secondary market, said Firas Safieddine, Vice Chairman of the CMA.
Interested parties will be given four months to submit their bids for the tender. Once an operator is selected it will be given six to nine months...
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