Doha: Qatar Stock Exchange (QSE) announced the implementation of a randomized uncrossing mechanism applicable to the opening and closing auction sessions. In its statement on Sunday, QSE stated that this move aligns with its commitment to maintaining fair, orderly, and efficient markets, consistent with international best practices and IOSCO principles relating to market integrity and transparent price formation.

According to Qatar News Agency, this enhancement means the uncrossing of orders and determination of the auction price for each listed security will occur independently and at a randomly determined time within a defined randomization window during the final minute of the respective auction session. This system aims to ensure that each security will remain in the auction phase until the system selects that security at a random time for uncrossing, at which point eligible orders will be matched and executed following existing auction price determination rules.