Article One
As an exception to Article (16) (Secondly) Clause (1) of the Internal Regulation of the Bahrain Stock Exchange, permission may be given to foreign brokerage companies to undertake the business of securities brokerage or market making at the Exchange, provided that the concerned company has distinguished expertise in securities, which will enhance the securities profession at the Exchange, add international dimension to it and contribute towards attracting foreign investors.
The conditions for the admission of the Bahraini companies in the membership of the Exchange, as stipulated in Article (16) (Secondly) of the Exchange's Internal Regulation shall be applied to foreign brokerage companies, in addition to any other conditions specified by the Exchange's Board of Directors
As an exception to Article (16) (Firstly) Clause (1) of the Bahrain Stock Exchange's Internal Regulation, permission may be granted to non-Bahrainis who are experienced in the brokerage field to be employed in a licensed brokerage or market making company on the Exchange, and the same conditions stipulated in Article (16) (Firstly) of the Exchange's Internal Regulation for the admission of individual persons, either as a broker or market maker, as well as any other conditions specified by the Exchange's Board of Directors, shall be applied to them.