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BIBF launches state-of-the-art dealing room [24X7 News Bahrain Online](24X7 News Bahrain Online Via Acquire Media NewsEdge) BIBF's state of the art dealing room went live during an event held under the patronage of Rasheed Mohammed Al Maraj, Governor of the Central Bank of Bahrain and Chairman of the Specific Council for Vocational Training, Banking Sector. BIBF's dealing room is the first of its kind in the region, powering technology-enabled experiential learning, which allows students to learn about trading stocks and bonds in a real environment. The facility includes twenty two trading stations that are fully equipped with market tools that link with Bloomberg and Thomson Reuters Eikon. Attendees included members of the Specific Council for Vocational Training (Banking Sector), officials from the local banking and financial services industry, and members of the media. Guests were able to test the software and experience the efficacy of simulation-based training. BIBF partnered with specialist training and technology providers in the UK and the US to provide cutting-edge training expertise and technology. The dealing room has a live link to the dealing rooms of their partners in London, providing clients with unique exposure to live trading in the global markets. "The BIBF Dealing Room is the very embodiment of our core strategy. By combining thought leadership and innovation, we were able to create the region's very first functional dealing room. This will further strengthen Bahrain's position as a hub for financial services and education," BIBF Director Solveig Nicklos in her opening speech, said. "The systems we use are able to capture and analyse the trading behaviour of students, enabling BIBF's faculty to provide customised coaching. Institutions will also receive detailed reports highlighting employees' performance and feedback regarding strengths and areas for further improvement." BIBF collaborated with the Chartered Institute of Securities and Investments (CISI) and the ICMA Centre (Henley Business School) to introduce an Applied Dealing Certificate which combines a theoretical course and exam, along with a practical course in the BIBF Dealing Room. BIBF has also partnered with the ICMA Centre and Thomson Reuters to develop The Certificate in Islamic Financial Markets. This Certificate also blends a theoretical course and exam, with the world's first simulation of Islamic markets, providing participants with a unique hands-on experience to prepare them and enhance their skills to perform in today's evolving Islamic financial markets. (c) 2014 Twentyfoursevennews.com. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info). |