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  • Article (14)

    • Board Lots and Tick Sizes

      Orders must be entered within the defined board lots and tick sizes, as specified by the Exchange. All trades shall be executed within the trade ranges as set by the Exchange. The Exchange shall have the right to adjust the board lots and the tick sizes in light of market conditions. Any trades effected at prices which are outside the stipulated trade range will be cancelled.

      The Exchange adopts, in the meantime, the following board lots and tick sizes for orders in Bahraini Dinars and U.S. Dollars:

      1- Board Lots:
      a) Orders in Bahraini Dinars.

      Regular Market Odd Lots WON
      Market
        Market
      Board Lots
      Class Price (BD)   Board Lot Maximum Minimum
      No From
      BD50,000       		To Shares Shares
      1 0.001 0.050 10,000 9,999  
      2 0.051 0.100 5,000 4,999  
      3 0.101 0.250 2,000 1,999  
      4 0.251 0.500 1,000 999  
      5 0.501 Above 500 499  
      b) Orders in U. S. Dollars.

      Regular Market Odd Lots WON
      Market
        Market
      Board Lots
      Class Price (US $)   Board Lot Maximum Minimum
      No
      BD50,000             		From To Shares Shares (Eqv.)
      1 0.01 2.00 1,000 999  
      2 2.01 4.00 400 399  
      3 4.01 10.00 200 199  
      4 10.01 Above 100 99  
      2- Tick Prices:
      i) Orders made in Bahraini Dinars.

      Class No Price Range (BD) Tick Size
        From To (Fils)
      1 0.001 0.200 1
      2 0.201 0.500 2
      3 0.501 1.000 5
      4 1.001 2.500 10
      5 2.501 Above 20
      b) Orders made in US Dollars.

      Class No Price Range (US $) Tick Size
        From To (¢)
      1 0.01 2.00 1
      2 2.01 4.00 2
      3 4.01 10.00 4
      4 10.01 Above 5