Developments Expected in Justice Shares and Stock Exchange Trading System of Iran
12 July 2020 - Hour 16:32
Dr. Hassan Ghalibaf Asl said: “from now on, investors and holders of justice shares will be able to easily cash out their shares in the capital market. Also, a national holding will be formed to admit non-listed companies, whose shares can be traded on the stock market.”
He mentioned that about 30 million people who have received justice shares have chosen the indirect method of managing their portfolio. Investable companies will soon face capital increase and move to provincial investment companies. It was agreed that after this stage, the board of directors of the companies will go through the process of admission to the stock exchange. Finally, after the acceptance of these companies in the stock market, their shares can be traded. Shareholders who have chosen direct management, have now the opportunity to trade their shares in the stock market.
Dr. Ghalibaf Asl continued: “development in the capital market is done on the basis of electronic foundations, and we will continue to seriously pursue updating of trading an post-trad systems of capital market in our programs and missions.”
- Key Words:
- Justice Shares
- Trading Systems
- Most Visited