Bahrain’s bourse is aiming to launch short-selling and the ‘delivery-versus-payment (DvP)’ system next year, Bloomberg reports. The exchange will implement the measures in the first quarter of 2012.
The move is designed to secure an upgrade at MSCI. The index provider is due to declare its decision on whether to upgrade the UAE and Qatar to emerging market status after the exchanges introduced the DvP system.
Click here for the story from Bloomberg.