Iraq Going Global ~ Iraq begins its preparations for membership of the global market for securities

by **ADMIN** Sat Jun 18, 2011 12:52 pm

Nice ~ Iraq Going Global ~ Iraq begins its preparations for membership of the global market for securities ...
Nice ~ "He added that "Iraq will strengthen its ability to deal in financial stocks and buy hard currency in order to obtain the confidence of the global securities market."

Related article ~ January 10, 2010 ~ ISX ~ real-time data from the stock exchange to be available on its website www.isx-iq.net in the next six months ..(bringing us to July)

18/06/2011

Iraq begins its preparations for membership of the global market for securities

Baghdad, The body of the Iraq Stock Exchange that began on Saturday, the initial preparations for membership of the global market for securities.

Chief executive officer, said the Iraq Stock Exchange Abdul Razzaq al-Saadi told the Kurdish news agency (Rn) that "Iraq has begun legal and banking Bastaadadth for membership of the global market for securities."

He added that "Iraq will strengthen its ability to deal in financial stocks and buy hard currency in order to obtain the confidence of the global securities market."

He said, "In case the Procedures for membership in the global market for securities, it will support the economic and trading banking and mature work of the Iraqi market for securities in the country."

The Securities Commission announced it had begun work for the electronic filing companies, foreign and domestic investment instead of filing paperwork.

The Securities Commission said earlier that the economic reality of the Iraqi Aithml open more of the financial markets in the rest of Iraq's provinces.

A number of economies, the Iraqis earlier in the financial markets should be opened in the provinces where economic activities and investment mission argued that the work of the Iraqi market for securities in the previous years and faced many economic problems in the country and indicates it has a lot of negative phenomena.

he Iraq Stock Exchange has started operation in 2004, shifted from manual trading to the use of e-dealing screens in 2009 and opened for trading two hours a day five days a week

The banking sector is the largest in the exchange, which also includes the shares of industrial companies, insurance companies, hotels and agricultural companies.

The total value of shares listed on the stock exchange about $ 3 billion.

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http://articlesofinterest-kelley.blogspot.com/2011/06/iraq-going-global-iraq-begins-its.html