VOL. XXXIX

No. 10

4-December-1995

KUWAIT

Kuwait Stock Exchange Introduces Computerized System

Kuwait launched the Gulf's first computerized stock trading system on 25 November. The new system, the hardware for which was made by AT&T Corp. of the US and the software designed by Effect Invest of Austria, is called KATS - Kuwait Automated Trading System. The bilingual system matches volumes and prices instantly and any transaction is published in seconds.

The upgrading was undertaken...