Bahrain Bourse trade engine goes live

Bahrain Bourse trade engine goes live

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Bahrain Bourse has gone live with its new multi-asset trading engine, powered by Nasdaq OMX's X-stream trading platform.

The new platform, will allow Bahrain Bourse to enhance trading options for market participants, as well as create new products and services to match international demand.

"Replacing our trading platform is a milestone in the history of the Kingdom of Bahrain's capital market, and is one of the key projects of the Bourse's strategy that was adopted in 2011 to develop all work aspects at Bahrain Bourse," said The Shaikh Khalifa bin Ebrahim Al-Khalifa, CEO of Bahrain Bourse.

In addition to the new X-stream technology, the exchange has used Nasdaq’s central securities depositary technologies since 2000.

"As Bahrain Bourse continues to develop we are thrilled to support them on the launching our X-stream technology, as well as their efforts in promoting a transparent and efficient market for all market participants," said James Martin, general manager, Middle East and Africa, Nasdaq OMX.
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