Bahrain Bourse Approves SICO as the First Market Maker at Bahrain Bourse

After 25 Years of the Commencement of Trading

Bahrain Bourse Approves “SICO” as the First Market Maker at Bahrain Bourse

An agreement was signed between Bahrain Bourse (BHB) and Securities & Investment Co. (SICO) on Thursday, 26th May 2016, to approve SICO as a Market Maker at the bourse. The agreement was signed by the Chief Executive Officer of Bahrain Bourse Sh. Khalifa bin Ebrahim Al-Khalifa, and the Chief Executive Officer of SICO Mrs. Najla Al-Shirawi.  Following the signing, Mrs. Al-Shirawi rang the bell to open the trading session at BHB.

According to the agreement, SICO will be able to perform all functions related to Market Making at Bahrain Bourse.  Those functions include, but not limited to, making bids and offers for shares available, along with the volumes required for buy and sell as well as finding the balance price for the security by entering the bids and offers of securities.

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the full press release in English & Arabic can be downloaded here