BFX hosts workshop on financial derivatives
Manama, February 1, 2012
Experts discussed new alternative ways to leverage and maximise opportunities in the financial derivatives markets at a workshop hosted by Bahrain Financial Exchange (BFX) on Tuesday.
BFX, the first multi-asset exchange in the Mena region, said over 200 guests benefited from the event topic “Leveraging Opportunities in the Financial Derivatives Markets,” held at the Gulf Hotel Convention Centre.
The educational workshop was mainly organised for members of the Bahrain Chapter of the Institute of Chartered Accountants of India (BCICAI).
Abdul Rahman Al Baker, the executive director of Financial Institutions Supervision at the Central Bank of Bahrain was the chief guest of the evening.
The BFX also organised a live trading demonstration illustrating the high-tech capabilities of its automated platform as well as the liquidity and tight spreads in its current traded products.
Adressing the gathering, Al Baker said, “There are many opportunities available in the capital markets today and it is important for companies in the industry to share their knowledge and extend their expertise to the rest of the business community.”
Arshad Khan, managing director and CEO of the BFX and the BFX Clearing and Depository Corporation (BCDC), said: “It is rewarding to see such large attendance at our first educational workshop of the year, and we thank everyone for joining us and for their great interaction with the lecturers.'
'The success of this event is an endorsement for the effectiveness of our corporate responsibility plan and we look forward to our future workshops,' Khan stated.
TD Balraj, the BCICAI chairman, lauded the BFX presenters for explaining the inherently complex topics in a very lucid way and the hands-on training its members received on their automated trading platform.
'This gave us a real feel of the BFX's capabilities and technological competence in the financial derivatives market. The Exchange has unveiled a wonderful opportunity to our members by opening doors to a financial supermarket,' Balraj said.
The subsequent workshops will comprise a set of university dedicated workshops to be held at the BFX’s Training Institute (BFX-TI) premises located at the Bahrain Financial Harbour.-TradeArabia News Service