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MAE-4.6.1

A licensed exchange or licensed market operator must ensure that a licensee meets the following requirements prior to being registered as a market maker:

(a) The licensee is incorporated in the Kingdom of Bahrain;
(b) The licensee must be licensed by the CBB as a Bank or as an Investment Firm(Category 1 or Category 2) or as a Broker-Dealer under CBB Rulebook Volume 6; and
(c) The licensee is a member of the licensed exchange or licensed market operator.
Added: January 2019