FEAS Yearbook FEAS Yearbook 2017 | Page 43

Yearbook 2017

Muscat Securities Market

About Muscat Securities Market

2017 has been a milestone year for MSM since its establishment in the year 1988, as it does not only see the 29th Anniversary but also saw further development in all areas of activities, including the organizational structure, legislation and monitoring practices.

Although last year was practically a challenging year for MSM with lesser trading activity and only 6 IPO’s, it was strategically an important year as MSM announced the government decision to start the process of converting into a private company with the possibility of going public in few years’ time. Therefore, providing itself as flexible legislature to ensue latest, modern & international securities markets standards, in order to create a more conducive investment environment for its investors.

As a result of last year’s challenges MSM has gathered itself for a fast pace development. Hence, this year will not only see more IPO’s and greater trading activities but also the launch of new trading platform (Optic) to be provided by Euronext under its 10 year Technology development agreement signed with MSM.

Furthermore, MSM is planning to introduce a new advanced surveillance system to ensure enhanced security to its market participants.

Year 2018 will also see the launch of revamped MSM website. A new more dynamic user interface by MSM in order to enhance the information access to its end users. This will be the fifth advanced version of the MSM portal since its inception. The new design is in line with the modern technologies available in the market, while the layout of the new website is designed to give all market related information in easy access format to all its users whether it be investors, brokers, researchers and any other independent searchers.

Amidst all these developments on the road to progress MSM is delighted to be a part of such dynamic entity such as FEAS. An organization that despite challenges in the recent past has managed to flourish and overcome those serious challenges. Thanks to the leadership of the competent board members led by Mr. Mohammed Fareed the chairperson & CEO of the Egyptian Stock Exchange and the dynamic Secretary General Mr. Konstantin Saroyan. I congratulate them for their endeavors. Moreover, I wish for all FEAS members the best in their endeavors to get FEAS known in the world of securities industries.

With best regards,

Ahmed Saleh al Marhoon

Director General

Muscat Securities Market

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Established: 1988

Director General: Mr. Ahmed Saleh al Marhoon

Address: P.O Box 3265 Postal Code: 112 Ruwi,

Sultanate of Oman

Contact Name: Raid Al Hooti

Email: [email protected]

Website: www.msm.gov.om