BFX trading turnover tops $508m
Manama, April 11, 2012
Bahrain Financial Exchange (BFX) had a trading turnover of $507.81 million during the period between November 23 when it opened and end of March in its future contracts with its total volume traded reaching 12,896.
During this period, the largest traded contract in terms of turnover was the BFX Gold Futures at $236 million comprising 4,355 contracts.
In terms of volume, the BFX Euro US Futures was the largest with 5,567 contracts with trading reaching $183.5m.
Trading turnover on the BFX Natural Gas Futures was $9.24m and 1,416 contracts.
The US-INR Futures Index Futures, launched on March 12, netted $79.02 million with a trading volume of 1,558 contracts.-TradeArabia News Service