The Bahrain Financial Exchange (BFX) will start live operations from Feb. 7, 2011. It will employ a phased approach to its trading, under which its Islamic division, Bait Al Bursa will start its e-Tayseer platform for general use in February and its conventional segment will start on March 7, 2011. The launch of the BFX will also include the start of operations of the BFX Clearing and Depository. The BFX will offer a fully integrated electronic trading platform, with a plug and trade trading floor, which will be internationally accessible to trade securities, structured products, Shariah-compliant financial instruments and derivatives.
Click here for the release from Bahrain Financial Exchange.