Brokerage

SICO is the leading broker on the Bahrain Bourse since 1999 . Our brokerage team is experienced in securities trading and endeavors to execute transactions at the most competitive prices available in the market.

SICO also offers its clients the means to benefit from listed investment opportunities available in the region. Our clients are able to execute transactions in the various regional markets under one roof. This is made possible by the network of brokers SICO has established in all GCC and other regional markets. We have traded for our clients in the various GCC markets, undertaking some of the largest trades as of today. Our strength is offering discreet execution to a select number of institutional clients and high net worth individulas.

Margin Trading Facilities
As part of its range of Brokerage services, SICO offers select clients the convenience of Margin Trading Facilities. The current base (margin) interest rate is 6 per cent. Terms and conditions for Margin Trading Facilities are available on request.

Agency Brokerage Desk
SICO’s Agency Brokerage Desk was introduced in 2010 as the first-of-its-kind in Bahrain, and one of the first in the GCC. The Desk enables clients such as regional and international fund managers, institutions and UHNWIs, to execute trades on all MENA stock exchanges. This one-stop-shop service, provided by a dedicated team, offers competitive commissions with no mark-up of official market rates. Having established a significant share of overall GCC market trades, SICO is firmly placed among the leading brokers in the region. In addition, totally independent custody solutions are available from SICO Funds Services Company (SFS). With a proven 12-year track record, SFS provides a comprehensive range of sophisticated custody and fund administration solutions, in full compliance with regional regulatory requirements.

Securities & Investment Company United Arab Emirates (SICO UAE)
SICO UAE commenced operations in September 2012 following final regulatory approval by the Emirates Securities & Commodities Agency (ESCA). The successful establishment of the Company marks the first strategic investment by SICO in establishing a physical presence in the GCC outside Bahrain, and underscores the Bank’s commitment to its regional and international clients. Located in Abu Dhabi, SICO UAE executes trades on Abu Dhabi Securities Exchange (ADX) and the Dubai Financial Market (DFM)  for institutional and high net worth clients in the United Arab Emirates. The Company provides a full range of brokerage services, including online trading and margin trading facilities.

 

Related Links:
Bahrain Bourse
Regulatory Framework