Billionaire Jignesh Shah-promoted Financial Technologies today said it will launch three new international exchanges, including Bahrain Financial Exchange and Singapore Mercantile Exchange, this year.
The Bahrain Financial Exchange (BFX), the first Multi-Asset exchange in the Middle East and North Africa, has appointed an Indian national, Arshad Khan, as its managing director and chief executive officer.
The Gulf region is set to gain another financial exchange after Financial Technologies, an Indian trading technology company, announced its plans on Wednesday, to set up an operation in Bahrain next year.
Laxity in enforcing KYC and allied norms suspected; money laundering gaps also on probe panel's mind
Few top honchos of India Inc did very well in 2014.
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