Thursday June 2 2016
News Source: Global Exchanges
Focus: Trading Rules
Type: General
Country: Bahrain
Link: http://www.bahrainbourse.com/bhb/about_us/news_show.asp?NT=1&value=1302
On 29th May 2016, an agreement was signed between Bahrain Bourse (BHB) and Securities & Investment Co. (SICO) to approve SICO as a Market Maker at the Bourse.
According to the agreement, SICO will be able to perform all functions related to Market Making at Bahrain Bourse. Those functions include, but are not limited to, making bids and offers for shares available, along with the volumes required for buy and sell as well as finding the balance price for the security by entering the bids and offers of securities.
BHB have finalised all the relevant legal, technical, and administrative aspects in order to allow Market Makers’ to participate on the Bourse.
Click on the link above for further details.