Article: DIFX reaches landmark arrangement with Bahrain-Based securities & investment company

Securities and Investment Company BSC (SICO), the Bahrain-based investment bank, has made a groundbreaking arrangement to facilitate trading on the Dubai International Financial Exchange (DIFX) by making a market.

SICO will provide both buy and sell prices in the shares of Al Baraka Banking Group (ABG) on the DIFX under the arrangement. ABG, the Bahrain-based Islamic banking group, is due to list its shares on the DIFX on September 4th.

Nasser Alshaali, Chief Operating Officer of the DIFX, said: "SICO will be the first member of any Gulf Cooperation Council (GCC) exchange to make a market in shares on an international ...

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