Bahrain-based Khaleeji Commercial Bank (KHCB) has inaugurated its Khaleeji eTrade platform, according to local newswire.
The platform enables the bank’s clients to easily open accounts to trade stocks listed on Bahrain Bourse, place buy and sell orders as well as review market performance charts and receive the latest news on the local and international markets.
Sattam Sulaiman Algosaibi, the CEO of Khaleeji Commercial Bank, said that the Khaleeji eTrade platform serves the lender’s customer base through facilitating the process of electronic trading, linking them directly to the trading floor and allow them to benefit from the investment opportunities available in all financial instruments listed at the bourse, selecting what suits their objectives without the need for dealing with a broker.
“Khaleeji eTrade, which falls under the Bahrain Trade platform, aims to facilitate investor access particularly retail investors to Bahrain Bourse, which we hope will have a positive impact on the market’s liquidity,” added Shaikh Khalifa Bin Ebrahim Al Khalifa, the Chief Executive Officer of Bahrain Bourse.
Source: Islamic Business and Finance