Thursday 1 March 2012

Bahrain Financial Exchange eyes 20 firms

Bahrain Financial Exchange (BFX) has managed to attract five regional companies to the kingdom since it was set up and it is now looking to increase this to 20 by the end of the year.

"This is something we are doing that is positive for the economy of Bahrain because these brokers and representatives bring capital to the country, set up offices and also hire local staff," said BFX managing director and chief executive Arshad Khan.

"The BFX platform offers exposure to very diverse markets. We are offering a range of unique products from derivatives and commodities trading to currencies and we are looking to introduce new products, including an equity derivative package," he noted.

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