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BFX unveils initiatives to meet needs of users.


Bahrain Financial Exchange (BFX BFX Bitware Fax ), the first multi-asset exchange in the Middle East and North Africa, to be launched in the first quarter next year, has announced the establishment of its product development working groups (PDWGs) for Islamic and conventional asset classes.

This initiative is part of the BFX strategy which ensures that its products meet the needs of its users whilst adding value, and is part of a process to ensure that BFX remains market driven.

Two distinct PDWGs have been launched: a PDWG PDWG Podcast Der Wirren Gedanken (German: Podcast of Wirren Thoughts)  Conventional and a PDWG Islamic.

The Conventional working group has a cross section of representatives with a high degree of expertise from the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 industry in the GCC GCC: see Gulf Cooperation Council.

(compiler, programming) GCC - The GNU Compiler Collection, which currently contains front ends for C, C++, Objective-C, Fortran, Java, and Ada, as well as libraries for these languages (libstdc++, libgcj, etc).
 region.

Similarly the Islamic working group has been selected with a focus on satisfying the specific market requirements of this dynamic industry.

Arshad Khan Arshad Khan (Urdu: ارشد خان) (born March 22, 1971 in Peshawar) is a Pakistani cricketer. He is a right-handed batsman and a right-arm off break bowler. , BFX board director, said: "These groups consist of experts drawn with the relevant background to ensure a robust process of product development and continual improvement Continual Improvement (also called incremental improvement or staircase improvement) is a process or productivity improvement tool intended to have a stable and consistent growth and improvement of all the segments of a process or processes.  in the BFX products which will ultimately result in greater participation and increased liquidity."

He added: "The PDWGs' primary function is to provide input, guidance and feedback on the requirements of market participants in the development of products and the suitability of these products, in satisfying that demand."

This achievement of the BFX underscores its commitment to the market for developing products which are in line with market requirement and its users.

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Publication:Gulf Weekly
Date:Oct 18, 2009
Words:254
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