“The extension of the trading period comes along with the implementation of the Online Trading Incentive Program (OTIP) which will give new categories of investors a better opportunity to trade at the Bourse both in Bahrain and abroad, and will also give investors at BHB a longer time to benefit from the opportunities available in cross-listed companies, whether they are listed at BHB or other bourses and GCC capital markets that are linked with BHB through cross-listing agreements,” Shaikh Khalifa bin Ebrahim Al-Khalifa, Deputy CEO and Chief Operating Officer said.
“The extended trading hours will give investors and portfolio managers in the West and European Countries a longer time to trade in the securities listed at Bahrain Bourse, especially that the extension will solve part of the time difference between Bahrain and other countries,” he added.
It is worth mentioning that the Chairman of Bahrain Bourse Yusuf Abdulla Humood issued a resolution on 7th November 2013 to extend the trading period as of 1st December 2013.