The Bahrain Financial Exchange (BFX) has appointed BMI Bank as its trading and clearing member, Mondovisione reports. BMI will trade in multi-asset class products through the BFX electronic trading platform.
BMI will also have access to the BFX clearinghouse, BFX Clearing and Depository Corporation, allowing them to offer clearing and settlement services to their customers and to the other trading members of the BFX. The bank will provide BFX clients a wide range of trading and exchange services, while providing robust risk management and trading facilities.
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