Bahrain financial exchange begins trading on Monday

Thursday, Feb 03, 2011

Gulf News

BFX to be Menas first for multi-assets

Manama: Shaikh Mohammad Bin Eisa Al Khalifa, chief executive of the Bahrain Economic Development Board (EDB), has welcomed the operational launch of the Bahrain Financial Exchange (BFX), which is set to commence trading on February 7.

The BFX is a wholly owned subsidiary of the Financial Technologies Group a global leader in creating and operating technology centric, next-generation financial markets. The financial Technologies group officially launched BFX yesterday as the Middle East and North Africas first multi-asset exchange, which is to be internationally accessible to trade securities, derivatives, structured products and Sharia-compliant financial instruments.

It sets out to offer direct access to one of the worlds fastest growing and largest areas of financial liquidity.

The exchange also incorporates an internationally accredited training institute, the BFX-TI.

Staff Report