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Issue 7 - March 2016
@BahrainBourse
www.bahrainbourse.comBHB’S BOARD APPROVES 2015 FINANCIAL RESULTS
TRADELINE JOINS BAHRAIN BOURSE AS A BROKER
The Board of Directors of Bah-
rain Bourse (BHB) held its first
meeting for the year 2016 on
Monday, 7
th
March 2016 chaired
by Mr. Yusuf Abdulla Hu-
mood, Chairman of the Bourse.
Bahrain Bourse announced on
Wednesday, 27
th
January 2016
that Tradeline Securities W.L.L.
has joined the bourse as a bro-
kerage company to be able trade
at BHB as of Thursday, 28
th
Jan-
uary 2016 following the com-
pletion of the requirements.
Tradeline Securities is a Bah-
raini licensed brokerage com-
pany that will provide all bro-
The Board discussed the subjects
on the agenda including the latest
developments at Bahrain Bourse.
The Board also reviewed the
periodic report on BHB’s per-
formance, other bourses, and
GCC stock markets as well
as a report on the follow-up
of the Board’s resolutions.
The Board approved the finan-
cial results for the year ended 31
December 2015 as well as the es-
timated budget for the year 2016.
The Board also approved BHB’s
Corporate Governance Report
for the year 2015 and the Money
Laundering policy and procedures.
In addition, the Board discussed
the progress of BHB’s opera-
tional plan that is part of the
Bourse’s strategic plan, along
with its evaluation criteria.
The Board also discussed the
project of developing the ser-
vices provided by Clearing,
Settlement, and Central De-
pository and took the required
recommendations in this regard.
The Board discussed the reports
and recommendations of the
Board’s Committees and decid-
ed on the actions to be taken.
kerage services to its clients in
addition to trading in securities
listed at BHB for the account
of its clients and their account.
Sh. Khalifa bin Ebrahim Al-Khal-
ifa, Chief Executive Officer of
Bahrain Bourse welcomed Trade-
line Securities wishing it suc-
cess in its operations. Sh. Khalifa
assured that brokers are one of
the main catalysts in developing
the capital markets sector. He
also said that BHB is commit-
ted to undertake all the required
procedures to provide the solid
work infrastructure that will en-
able related parties to interact in
a fair and transparent manner in
order to achieve its objectives.
“The bourse’s management will
continue its cooperation with
related parties, especially bro-
kers, to carry out the possible
actions that will develop all work
aspects at the bourse in a way
that will benefit everyone, wish-
ing Tradeline success in all of
its activities,” Sh. Khalifa added.
With the joining of Tradeline as
a brokerage company, the num-
ber of registered brokers at the
bourse increased to 13 brokers.