Bahrain to allow short selling 09 June 2011Bahrain Reporter: Ben Wilkie
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The Bahrain Stock Exchange will introduce short selling in 2012, as part of its efforts to be upgraded to emerging market status on the MSCI index.
Speaking to Bloomberg, the exchange's deputy director Khalifa Bin Ebrahim Al Khalifa said the exchange wanted to move out of its current frontier market status.
Short selling measures are planned for the first quarter of 2012, with Delivery versus Payment also planned.
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