28 Jul 2010
(MENAFN) The Bahrain Financial Exchange (BFX) has signed a new licensing agreement with FTSE Group in order to list, trade and market a number of derivatives products based on a range of FTSE?s indices, Reuters reported.
BFX, the first multi-asset exchange in the Middle East, said that the derivatives, which are part of its first phase product launch in October this year will be listed and traded through the BFX?s internationally-accessible trading platform.
The derivatives will be based on the following indices: FTSE Emerging, FTSE Europe, FTSE BRIC 50, and FTSE Coast Kuwait 40, the BFX said in a statement.
By using FTSE indices, the BFX offers regional investors the advantage of gaining exposure and diversifying their portfolios with products based on international indices from developed and emerging economies which are traded and settled in US dollars on the same integrated platform.
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