SICO’s extensive product portfolio includes direct securities such as equities, bonds, and sukuk, as well as single-account brokerage services across the GCC and other MENA markets. It also offers margin trading facilities for equities and repurchase agreements (repos) for fixed income.
The Agency Brokerage Desk, established in 2010 as the first of its kind in Bahrain, is an additional service that enables clients to have a single broker to transact on their behalf, while maintaining their own disclosed accounts in various GCC and other MENA stock exchanges where they are required to have a nominated custodian.
SICO’s Fixed Income Trading Desk commenced operations in 2011 and has since become a leader in the fixed income arena, handling over 95% of all secondary market trades. The division has developed into a full-fledged regional fixed income player, with distinctive capabilities in developed and emerging market issues, and having established a significant share of overall GCC market trades on the Bahrain Bourse and in the OTC market. The desk boasts a number of traders who are supported by dedicated fixed income sales functions.