FINANCIAL NEWS

Bahrain Financial Exchange set for October launch

14 Apr 2010

(MENAFN) The Chief Executive Officer at the Bahrain Financial Exchange (BFX) has confirmed that the market will launch in October of this year, Gulf Daily News reported.

The CEO affirmed that the BFX is currently at the final stages of internal testing and audit work and its business development teams have been engaging with the market to build up a solid base of membership across the Middle East and North Africa region to go live.

The BFX has been working over the past year to complete its entire exchange infrastructure, including the development of its products and services within both the Islamic and conventional sectors, along with the implementation and testing of its state of the art technology.

The BFX has its own clearing corporation, the BFX Clearing and Depository Corporation, and an in-house International Training Institute, offering learning and development solutions for both individuals and corporates alike.

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