The BFX, located in Bahrain Financial Harbour and launching in Q1, 2010, is the first multi-asset class exchange in the Middle East region and will be internationally accessible to trade cash instruments, derivatives, structured products and Sharia-compliant financial instruments for raising capital, managing risk and investing.
Currently, the Middle East regional financial markets are in a development stage and are largely characterised by a number of small exchanges and split liquidity. The BFX will create significant opportunities by pooling this split liquidity and servicing one of the world’s fastest growing and largest areas of financial liquidity, with a combined GDP of some US$3 trillion.
Located in the Kingdom of Bahrain, the BFX offers the distinct advantage of specialist knowledge of the regional growth markets. Bahrain’s market orientated approach toward becoming a regional and international financial centre has made it home to over 400 licensed financial institutions giving access to the regional liquidity and a deep and diverse financial community.
Bahrain is also widely regarded as the best regulated financial centre in the Middle East. The BFX has been issued with an exchange license to trade and clear multi-asset classes by, and regulated under the governance of the Central Bank of Bahrain (CBB).
The BFX is a wholly owned initiative of the Financial Technologies Group (FT), one of the largest exchange networks in the world, who possess unprecedented knowledge of creating markets, unlocking value and proven robust multi-access technology.
Underpinning the development of the BFX is an international and local team of significant experience drawn from leading exchanges and financial institutions around the globe.
The Exchange also incorporates an international standard training academy to provide financial training for the region to create a virtuous circle of market development and growth opportunities.