Multi-asset exchange to launch operations
The Middle East and North Africa's (Mena) first multi-asset exchange will begin live operations on February 7 at its facility at Bahrain Financial Harbour. The Bahrain Financial Exchange (BFX) will adopt a phased approach to its trading whereby its Islamic division, Bait Al Bursa, will start its e-Tayseer platform for general use and then its conventional segment on March 7.
This two-phased approach is designed to give participants sufficient time to market and develop business in the BFX's Islamic sector in advance of launching the conventional market.
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