BBK Signs an Agreement with Mubasher Financial Services to Provide “Bahrain Trade” Platform

Wednesday, January 31, 2018
In the presence of Shaikh Khalifa bin Ebrahim Al-Khalifa, CEO of Bahrain Bourse and executive management members, BBK and Mubasher Financial Services signed on Wednesday, 31st of January 2018 an agreement to enables investors to trade on Bahrain Bourse (BHB) online via the “Bahrain Trade” platform. The agreement was signed by BBK Chief Executive Mr. Reyadh Yousif Sater and General Manager of Mubasher Financial Services Mr. Zaid Aloul at Bahrain Bourse’s premises.

Commenting on the signing of the agreement, BBK Chief Executive Mr. Reyadh Yousif Sater said “We are pleased to offer the Bahrain Trade platform to our clients, which we believe will extend BBK’s clients outreach to utilize this new trading application and will certainly leverage their access to Bahrain Bourse. This step goes in line with BBK’s efforts to offer services that enhance our clients’ banking experience,” Mr. Sater added.

On his part, CEO of Bahrain Bourse Shaikh Khalifa bin Ebrahim Al-Khalifa, said, “We would like to welcome BBK’s participation in the Bahrain Trade Network.  Bahrain Trade is one of Bahrain Bourse’s recent joint initiatives with Mubasher Financial Services to encourage investors to invest in the various instruments listed at Bahrain Bourse, and goes in line with Bahrain Bourse’s strategy to enhance the liquidity in the market.”

 “Bahrain Trade will enable BBK, along with the other banks with the solution to offer their clients a new channel to trade in Bahrain Bourse, thereby facilitating investors’ access to the Bourse,” Shaikh Khalifa added.

“We are looking forward to have other banks and financial institutions join the network to allow their clients to enjoy the advantages of this online interactive platform,” Shaikh Khalifa said.

Mr. Zaid Aloul, General Manager of Mubasher Financial Services Financial Services said, "Bahrain Trade’s online trading solution is driven by Mubasher Financial Services’s technology, and we are fully committed to offering the best trading solutions and maintaining long-term investment in new technology.”

It is worth mentioning that Bahrain Trade is an innovative trading solution launched in October 2017.  The solution is being powered by licensed brokers on Bahrain Bourse and has been designed to provide investors with high-tech and safety for execution of transactions as well as convenience and ease of use.

Financial institutions interested in participating in the Bahrain Trade Network may contact Bahrain Bourse’s Marketing and Business Development Team on (+973) 17108780 or email [email protected] for further information.