In a move to enhance the liquidity of Bahrain’s capital market, Bahrain Bourse has approved Al Ramz Capital as an external market maker. This strategic step reflects the Bourse’s ongoing commitment to developing a more dynamic and attractive investment environment, aimed at bolstering the Kingdom’s financial market.
Shaikh Khalifa bin Ebrahim Al Khalifa, the Chief Executive Officer of Bahrain Bourse, highlighted that the approval of Al Ramz Capital demonstrates the Bourse’s continuous efforts to strengthen market infrastructure and create an efficient trading environment. He added that the growing interest in market-making activities is a testament to the success of the Bourse’s updated regulatory framework and its ongoing efforts to align the market with international standards. By doing so, Bahrain Bourse is positioning itself to increase investor confidence and boost market liquidity.
Mr. Karim Shuaib, the CEO of Al Ramz Capital, expressed his enthusiasm for becoming part of Bahrain Bourse as an external market maker. He emphasized that the company’s expertise in market making would contribute significantly to enhancing market liquidity. Through efficient market-making activities, Al Ramz Capital aims to provide better pricing, create more transparent market conditions, and offer increased trading opportunities for both investors and issuers of securities. The company is confident that its efforts will play an integral role in the ongoing development of Bahrain’s capital market.
It is important to note that Bahrain Bourse introduced a new regulatory framework for market making in July 2024. This updated framework aims to bring the market in line with best practices and international standards, establishing clear distinctions between market makers and liquidity providers. The addition of Al Ramz Capital brings the total number of licensed market makers on Bahrain Bourse to three, marking a significant step forward in the continued development and growth of the Kingdom’s financial markets.
