Bahrain Bourse announced the launch of its Comprehensive Trading Incentive Scheme, this scheme aims to enhance market participation, drive liquidity, and foster active engagement among brokers, market makers, and liquidity providers through innovative incentive mechanisms.
The objective of the Trading Incentives Scheme is to provide a range of tailored benefits to support market participants and incentivize market makers, liquidity providers, and other brokers to increase their volume of trades executed pursuant to the business rules of Bahrain Bourse and cleared by Bahrain Clear, which will stimulate further liquidity in the market.
Details related to the Trading Incentive Schemes is defined in the below tables:
Market Makers
By MM’s/LP’s Presence in the Market for each security:
|
Less than 60%
| No Rebate
|
Above 60% and less than 80%
| Rebate: 50%
|
Above 80%
| Rebate: 100%
|
Note: rebate is calculated on an annual basis and is based on the total commissions paid to BHB by the MM/LP during the year
|
Members
By Annual Trading Value via Online Connectivity:
|
If the Member Surpasses BD 75 Million
| Rebate: 10%
|
If the Member Surpasses BD 140 Million
| Rebate: 20%
|
If the Member Surpasses BD 220 Million
| Rebate: 30%
|
Note: rebate is calculated on an annual basis and is based on the total commissions paid to BHB by the online connected Member. All rebates are capped at BD 20,000
|