Qatar’s capital markets have reached a significant milestone with the London Stock Exchange Group (LSEG) welcoming Edaa, Qatar’s central securities depository, to open trading on Monday, marking a new phase in the collaboration aimed at modernising and transforming the country’s post-trade infrastructure.
The development underscores Qatar’s commitment to building a world-class financial ecosystem and strengthening its connectivity with global markets. Once primarily a central securities depository, Edaa has evolved into an integrated post-trade market infrastructure institution, playing a pivotal role in safeguarding securities, enhancing operational efficiency, expanding investor services, and supporting the growth of Qatar’s capital markets.
At the heart of this transformation is Edaa’s Financial Market Infrastructure (FMI) Transformation Program, a comprehensive modernisation initiative powered by LSEG Markets Technology. The programme introduces a unified platform that integrates trading, clearing, settlement, and depository services, replacing traditionally fragmented systems with a seamless end-to-end solution.
The integrated platform is expected to enhance market efficiency by reducing operational friction, improving settlement resilience, strengthening risk management, and providing investors and market participants with a consolidated view of market activities.
It will also create the foundation for introducing new financial instruments, increasing market liquidity, and supporting future growth.
The transformation paves the way for the introduction of a Central Counterparty (CCP) and a modern central securities depository and securities settlement system. These enhancements will reduce counterparty risk, strengthen settlement processes, and align Qatar’s post-trade environment with leading international financial centres.
Qatar Central Bank Deputy Governor and Edaa Chairman Sheikh Ahmed bin Khalid bin Ahmed bin Sultan Al Thani said the achievement reflects the ambitions of Qatar’s financial sector and supports the objectives of the Qatar Financial Sector Strategy and Qatar National Vision 2030.
“We have not simply replaced a system; we have rebuilt the foundations of our market on infrastructure that meets the highest international standards,” he said, noting that the collaboration strengthens Qatar’s capital markets and deepens the country’s integration with global finance.
Edaa Chief Executive Officer Sheikh Mohammed bin Jassim Al Thani described the opening of the London market as a proud moment for both Edaa and Qatar. He said the organisation is building a secure, resilient, and globally connected post-trade platform that combines clearing, settlement, and depository functions under one framework.
“This is what modern market infrastructure looks like,” he said, adding that the partnership with LSEG is driving the next phase of market development.
LSE CEO David Schwimmer said Edaa’s transformation represents a major milestone for Qatar’s capital markets. He noted that the unified platform powered by LSEG Markets Technology will enhance resilience, efficiency, and future growth while supporting Qatar’s increasing global competitiveness.