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The Bahrain Financial Exchange (BFX) announced a new licensing agreement with FTSE Group to list, trade and market a number of derivative products based on a range of FTSE's regional and international indices.
The derivatives, which are part of the BFX's first phase product launch in October this year will be listed and traded through the BFX's internationally-accessible trading platform. They will be based on the following indices: FTSE Emerging, FTSE Europe, FTSE BRIC 50, and FTSE Coast Kuwait 40.
By using FTSE indices, the BFX offers regional investors the advantage of gaining exposure and diversifying their portfolios with products based on international indices from developed and emerging economies.
Arshad Khan, managing director & CEO of BFX, said: "This is a significant addition to the BFX product portfolio and further enhances the BFX's position as the preferred choice for the financial services sector."
