TradingView Signs Deal to Provider Access to Kuwaiti Capital Market Data

TradingView, a US-based charting and
social network platform, has entered into a data-sharing partnership with
Boursa Kuwait, the operator of the Kuwait Stock Exchange. The collaboration
will see the social network open up the data of its users to the Kuwaiti capital market.

In a statement released on Wednesday, Denis Globa, the Chief Executive Officer
of TradingView noted that the partnership will enable the charting firm to introduce the Kuwaiti capital market “to a wider audience worldwide.” The firm
intends to leverage its engagement with retail investors to achieve this.

On the other hand, Mohammad Saud
Al-Osaimi, the CEO of Boursa Kuwait, explained that the partnership is aimed at
increasing the stock exchange ’s investor base and providing access to the
Kuwaiti capital market.

“The partnership is in line with Boursa
Kuwait’s efforts to provide data to investors and traders and supports its goal
of developing an informative, transparent, and tool-rich exchange platform,
capable of providing products and services efficiently for issuers and
investors as well as improving the exchange’s standing regionally and
worldwide,” Boursa Kuwait explained.

The new deal comes over three years after
Boursa Kuwait emerged as the first government entity to be fully privatized.
The company was listed on the Kuwait Stock Exchange in September 2020 and has
executed several market reforms under its comprehensive multi-phase market
development plan.

TradingView Expands Network

In recent months, TradingView has added a number of industry platforms to its network. In mid-January, Germany-based zero-commission broker, Finanzen.net zero, integrated its platform with TradingView’s, thereby making it possible for its users to trade directly from the latter.

In late 2022, brokerage firms such as SpreadEx, FXOpen and Tradesmarter announced integrations with TradingView.

For FXOpen, which is a global broker with a network of brokerage offices in the United Kingdom, Australia and Cyprus, TradingView became the 4th in a suite of trading platforms available to its customers. The others are MetaTrader 4, MetaTrader 5 and TickTrader.

TradingView, a US-based charting and
social network platform, has entered into a data-sharing partnership with
Boursa Kuwait, the operator of the Kuwait Stock Exchange. The collaboration
will see the social network open up the data of its users to the Kuwaiti capital market.

In a statement released on Wednesday, Denis Globa, the Chief Executive Officer
of TradingView noted that the partnership will enable the charting firm to introduce the Kuwaiti capital market “to a wider audience worldwide.” The firm
intends to leverage its engagement with retail investors to achieve this.

On the other hand, Mohammad Saud
Al-Osaimi, the CEO of Boursa Kuwait, explained that the partnership is aimed at
increasing the stock exchange ’s investor base and providing access to the
Kuwaiti capital market.

“The partnership is in line with Boursa
Kuwait’s efforts to provide data to investors and traders and supports its goal
of developing an informative, transparent, and tool-rich exchange platform,
capable of providing products and services efficiently for issuers and
investors as well as improving the exchange’s standing regionally and
worldwide,” Boursa Kuwait explained.

The new deal comes over three years after
Boursa Kuwait emerged as the first government entity to be fully privatized.
The company was listed on the Kuwait Stock Exchange in September 2020 and has
executed several market reforms under its comprehensive multi-phase market
development plan.

TradingView Expands Network

In recent months, TradingView has added a number of industry platforms to its network. In mid-January, Germany-based zero-commission broker, Finanzen.net zero, integrated its platform with TradingView’s, thereby making it possible for its users to trade directly from the latter.

In late 2022, brokerage firms such as SpreadEx, FXOpen and Tradesmarter announced integrations with TradingView.

For FXOpen, which is a global broker with a network of brokerage offices in the United Kingdom, Australia and Cyprus, TradingView became the 4th in a suite of trading platforms available to its customers. The others are MetaTrader 4, MetaTrader 5 and TickTrader.

Read More
Solomon Oladipupo

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