Securities lending could unlock success in the Middle East
29 March 2019 Jordan
Image: Shutterstock
Following the second Arab Capital Markets Conference in Jordan, Andy Dyson, CEO of the International Securities Lending Association (ISLA), suggested that securities lending could unlock success in the Middle East.
In Dyson’s ‘Reflections of the CEO’, he inferred that from a securities lending perspective, the Middle East presents all of us with some of a conundrum.
Dyson explained that some of the largest global investors are located within the region and have actively participated in securities lending for many years, yet the regional domestic markets are underdeveloped.
Meanwhile, discussing the second Arab Capital Markets Conference, Dyson found that many sessions touched upon the market issue of liquidity.
He commented: “The role that securities lending can play to help unlock these markets will be an important element to their overall success.”
“We have already seen strong and positive moves in this direction within Saudi Arabia, along with the announcement from the authorities in Bahrain earlier this week to allow short selling and lending.”
ISLA noted that they are planning to return to the region either later this year or in early 2020 as part of our commitment to help securities lending develop more fully in the region.
In Dyson’s ‘Reflections of the CEO’, he inferred that from a securities lending perspective, the Middle East presents all of us with some of a conundrum.
Dyson explained that some of the largest global investors are located within the region and have actively participated in securities lending for many years, yet the regional domestic markets are underdeveloped.
Meanwhile, discussing the second Arab Capital Markets Conference, Dyson found that many sessions touched upon the market issue of liquidity.
He commented: “The role that securities lending can play to help unlock these markets will be an important element to their overall success.”
“We have already seen strong and positive moves in this direction within Saudi Arabia, along with the announcement from the authorities in Bahrain earlier this week to allow short selling and lending.”
ISLA noted that they are planning to return to the region either later this year or in early 2020 as part of our commitment to help securities lending develop more fully in the region.
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