Kuwait Stock Exhange launches NASDAQ based trading system
I was checking Kuwait Stock Exchange website this early morning, you see I also lost a big deal of money in trading (or should I call it playing around) with stock exchange, I saw they have introduced a new smart trading system named X-Stream which is used by American stock exchange NASDAQ.
Initially I can say the new trading system is faster and far more reliable, they cancelled trading by fractions and now minimum trading amount is one share, they increased the order value to 5 Million shares, also no more 5 minutes waiting for cancelling/modifying orders, in addition to many new features.
I heard the new system will help preventing the last minute changes (closing time) thus reducing cheating, nice.
Note: There was a problem in the first day of launching the new trading system and they say they will fix it shortly.
