Bahrain Bourse reviews 2013 achievements
Manama, December 31, 2013
The Bahrain Bourse (BHB) has executed key steps as a part of its operational and strategic plan for the year, the board was told during a meeting.
BHB chairman Yusuf Abdulla Humood said the achievements included the signing of an agreement to replace the bourse's existing trading platform with one designed by Nasdaq OMX as well as the launching of the online trading incentive programme.
The achievements also included the finalisation of the bourse's market rulebook, small and medium enterprises market rules and the completion of procedures relating to organisational restructure according to the requirements of the strategy, Humood was quoted as saying in the Gulf Daily News, our sister publication.
The board discussed the subjects addressed on the agenda including the latest developments at the bourse and viewed the periodic report of its performance and GCC capital markets, it stated.
In addition, the board approved the estimated budget for next year and the operational and strategic plan along with key performance indicators that focused on the implementation of marketing and awareness programmes for capital markets participants locally and regionally.
The board reviewed the reports and recommendations from its sub-committees, and decided on suitable actions to be taken.-TradeArabia News Service