Qatar Financial Markets Authority Board Decision No. 3/2018
Concerning the Issuance of Omnibus Orders Rules
The Board of Directors,
Having considered Qatar Law No. 8/2012 of Qatar Financial Markets Authority;
Qatar Financial Markets Authority Board Decision No. 5/2009 concerning the issuance of Financial Services Rulebook;
Qatar Financial Markets Authority Board Decision No. 1/2016 regarding Ownership of Shares in Listed Companies on QSE;
Qatar Stock Exchange Rulebook;
Rules of Qatar Central Securities Depository;
Proposal of the QFMA's Chief Executive Officer;
And QFMA's Board approval at its 2nd meeting of 2018 on 1st of August 2018;
We have decided the following:
First - Definitions
Depository: Qatar Central Securities Depository (QCSD).
Investment Entity: A local or international investment entity licensed or authorized to perform the activity of securities' investment management and open an allocation account on its name at the company.
Omnibus Orders: The action of collecting sale and purchase orders by the Investment Entity for the clients having associated accounts and entering such orders into the market through a broker using the Allocation Account.