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FINANCIAL NEWS
Bahrain- BFX reports USD52.85b trade turnover
19 Feb 2013
(MENAFN) Bahrain Financial Exchange (BFX) chief executive, Arshad Khan, announced that since its launch in November 2011, the exchange’s total cumulative trading turnover reached around USD52.85 billion on February 8, reported Gulf Daily News.
Khan said that in terms of volume, BFX’ total trading volume has grown to 4,371,064 contracts during the aforementioned period.
Meanwhile, between December 2011 and January 2013, the compounded monthly growth rate of the trading volume was 69 percent a month.
It is worth noting that at the current time, BFX Futures are available on the US dollar versus the Indian rupee (USD-INR) currency pair, euro versus the US dollar (EUR-USD) currency pair, gold, silver and natural gas.
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