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Source: Thomson Reuters.   Last updated on Sep 25, 2018 at 03:58AM (UTC).   Delayed by at least 15 minutes.
FTSE to Upgrade Palestine Exchange to Frontier Market Status
May 24, 2015
FTSE group recently informed the Palestine Exchange (PEX) of its possible upgrade to frontier market status during the next classification review on September 2015.
 
Palestine Exchange was informed by a letter from FTSE group that it meets the five qualities of markets criteria, including: regulatory environment, capital controls, clearing & settlement, and market transparency.
 
Mr. Ahmad Aweidah, CEO of PEX expressed his satisfaction saying that the upgrading is a signal to the international investment community of the level of good governance and quality of infrastructure that PEX has built over the past few years, hoping that it will attract further foreign investment into PEX.

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