Salalah, The three-day training program on financial derivatives, organized by the Capital Market Authority (CMA) in cooperation with Union of Arab Securities Authorities (UASA) today started at Crowne Plaza Salalah Hotel.

Ahmed bin Saleh al- Marhoon, Director General of Muscat Securities Market (MSM) delivered a speech where he pointed out that the Forum provides a good opportunity to review the new investment tools, derivatives of the basic commodities and how to invest in them. He underscored the importance of such training program in serving the Arab stock markets through enhancing the skills and technical efficiencies of their staff members.

On his part, Jalil Tarif Secretary General of UASA delivered a speech where he pointed out that the program is one of the training programs by the Union in the field of building capacities and knowledge sharing among members.

A number of staff at the capital markets, authorities, bourses, innovation centers and other organizations involved in stock markets businesses, such as financial brokers, organizations and banks take part in the training program.

The first day included a number of themes including the primary markets. The training program will cover the derivatives outside the bourse, the term contracts, the trading options, the principles and purpose of clearance, the key trading and pricing centers and the principles of margin, guarantees and credit.

Source: Oman News Agency