Bahrain Bourse Selects Wavetec to provide financial display technology

Khartoum Stock Exchange relies on Wavetec’s Financial Display technology to enhance its trading
January 17, 2012

Wavetec has been appointed to install the largest outdoor L.E.D. ticker in the Middle East for Bahrain Bourse. Sadiq Hasan – General Manager, Wavetec said “Bahrain Bourse was really satisfied with the indoor display solution we provided them. This gave us an added advantage over other companies. It is really exciting to be able to work for Bahrain Bourse again and especially on this mega-project given the number of global companies that were competing for it.”

After successfully providing Bahrain Bourse with a complete indoor Information Display solution, Wavetec has signed another contract with the Bahrain Bourse to install a 64 meters by 2 meters Full Color L.E.D. outdoor ticker. This ticker is going to be the largest outdoor ticker in the Middle East, a record previously also held by Wavetec (Outdoor ticker measuring 64m x 1.25m for The Group – Qatar). The installation of this L.E.D. ticker would help the Bahrain Bourse in achieving its goal of public information dissemination and complete transparency in all trading activities. Other than that, the L.E.D. ticker would be a great complement to the architecture of the Bahrain Bourse, instantly highlighting the building as a stock exchange. This is the third project undertaken by Wavetec for the Bahrain Bourse.

The new ticker once installed, would be considered a landmark in Manama, Bahrain and is a great achievement for both, Wavetec and the Bahrain Bourse.

Tobias Bessone – General Manager, Wavetec said “As part of its Global vision Wavetec has been actively involved in projects which are aimed towards promoting transparency and information dissemination. We are proud to be technology partners for Bahrain Bourse and our relationship goes back to a decade. Because we have been providing display solutions to the financial markets in the middle-east for the past 20 years, we understand the needs and sophistication required for such projects making us the first choice vendors for display solutions. We thank Bahrain Bourse for choosing us as their technology partners and we look forward to strengthening our relationship with them.”