Monday 06, March 2017 by Georgina Enzer

Bahrain Bourse and BIBF collaborate to promote trading skills

A new trading course designed to enhance the skills of investing and trading among Bahrainis has been launched by Bahrain Bourse, in cooperation with the Bahrain Institute of Banking and Finance (BIBF).

The training course involves a unique simulation training course called “Trading and Financial Analysis” which is designed to improve the practical skills and knowledge of trading equities, commodities and FX.

“As a result of this agreement, a specialised educational platform of investing in financial markets will be launched.  The platform will encompass awareness programmes to address the needs of all ages of citizens and will open up doors to cooperate in various areas between BHB and BIBF during the upcoming period.  We hope that a large segment of citizens benefit from the educational opportunities that the platform will provide to enhance their investment awareness and develop their skills in dealing at bourses and capital markets,” said Bahrain Bourse’s Chief Executive Officer, Shaikh Khalifa bin Ebrahim Al-Khalifa.

The Programme is composed of three phases and phase one is scheduled to start on the 2 April 2017 at the dealing room of the BIBF. Phase one will cover global market trends, technical analysis and execution strategies of equity markets, commodities and FX markets along with trading psychology.

Phase two is conducted in London, UK and candidates have the option of either joining a live trading room through an online portal or physically attending lectures with the BIBF’s strategic partner Amplify Trading (UK) to continue developing advanced trading practices.

“We see this initiative between the BIBF and BHB a further enhancement to the skill-set required in Capital Markets. The approach we are taking is a holistic one where we are taking steps to boost required skills from an early stage starting with schools and move upwards to train professionals at the same time,” said Director of the BIBF, Solveig Nicklos.

Upon successful completion of phase two, the candidates will move on to the live markets with a fully funded account of $22,000, where they will put their skills to test. The participants will share profits at the ratio of 60:40 with Amplify Trading who will allocate the funds.

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