BFX Delays Conventional Trading Roll Out

Bahrain Financial Exchange has postponed the roll out of its conventional trading platform.

Bahrain Financial Exchange (BFX) has postponed the roll out of its conventional trading platform, Reuters reports. The bourse, which is owned by India’s Financial Technologies, is relocating around 10 employees to other parts of the group due to the delay in the launch of the platform.

The exchange plans to start trading for conventional products, including derivatives, later this year in the Gulf region. BFX seeks to compete with the Bahrain Stock Exchange and other bourses in the region.

Click here for the story from Reuters.