The Bahrain Financial Exchange (BFX) expects to begin trading on its conventional platform in the next two weeks after delaying a scheduled launch because of political unrest, its top executive said.
BFX, owned by India's Financial Technologies, was launched in February this year as a multi-asset exchange aiming to offer trading in both conventional and Islamic products in equities, derivatives, commodities and currencies.
It launched its Islamic platform on Feb. 7 and was planning to begin trading of conventional assets a month later, but had to scale back on the plans as violence erupted in the tiny non-OPEC oil-producing country.
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