Bahrain Stock Exchange

Bahrain Stock Exchange

Settlement & Central Depository

Content

• BSE Historical Overview

• The Organizational Structure

• Listed Instruments

• BSE @ Glance 2007

• Cross Listing & MOUs

• Achievements & Future Plans

BSE Historical Overview

• Established by Ameri Decree (4) 1987

• Operated in 1989

• Automated the Trading 1999

• Central Depository 2001

• Regulatory Authority assigned to the Central Bank 2002

Organizational Structure

DEPUTY DIRECTOR I.T. & CDS .

TRADING & MEMBERS

AFFAIRS DEPT.

INFORMATION TECHNOLOGY

DEPT.

PUBLIC RELATIONS &

MARKETING DEPT.

FINANCIAL ANALYSIS &

RESEARCH DEPT.

ADMINISTRATION & FINANCE

AFFAIRS DEPT.

DEPUTY DIRECTOR

OPERATIONS

SETTLEMENT & CENTRAL

DEPOSITORY DEPT.

BOARD OF DIRECTORS

DIRECTOR OF THE EXCHANGE

INTERNAL AUDIT DEPT .

DISCIPLINARY BOARD

DISCIPLINARY BOARD OF APPEALS

Audit

Compliance LEGAL

ADVISOR

EXECUTIVE COMMITTEE

INTERNAL AUDIT &

INSIDERS COMMITTEE

Listed Instruments

• Stocks – 50

• Bonds & Islamic Sukuk – 19

• Mutual Funds – 35

BSE @ Glance 2007

• BSE allows 100% foreign ownership

• No taxes

• Settlement Cycle T+2

• No. of Brokers 14

• Market Cap $23b

Cross Listing & MOUs• Muscat Securities Market

• Kuwait Stock Exchange

• Amman Stock Exchange

• Doha Securities Market

• Cairo & Alexandria Stock Exchanges

• DIFX

• Tehran Stock Exchange

• Abu Dhabi Securities Market

• London Stock Exchange

Statistics – Sep 2007

• No. of Accounts (43,623)

• Active Investors (16,590)

• Nationalities (85)

• Deposited Securities:– Volume (6,8b)– Value ($10b)

CDS Transactions

Nationalities & Holdings - 1

Nationalities & Holdings - 2

Attacks

Achievements

• New IPO Mechanism

• New Rules & Regulations

• Online Services

Future Plans

• Real Time Gross Settlement (RTGS)

• Reconsideration of the Guarantee Fund

• Expand the Online Services

• Moving to the Financial Harbor - 2008

• Central Registry

• Privatisation

1973

Thank you