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 |