Iraq Stock Exchange Electronic Trading System sign agreement

by **Ponee** Wed Nov 16, 2016 12:07 pm

announced that Iraq Stock Exchange, Monday, signing the electronic trading system of the Convention, noting that the agreement included a license to use the electronic trading system via the Internet for five companies.

Market said in a statement received, Alsumaria News, a copy of which, " The Iraq Stock Exchange Finance officially signed today, the electronic trading system online Convention trading investors remotely with Manaf software company , "adding that" the agreement included a license to use the electronic trading system via the internet for five brokerage firms active as a first stage is urban, spring and Carmel and Mesopotamia and Elaf. "

He added the market, that " the implementation of the project plan , including the creation of the electronic system and the development of tasks and services that will allow the investor trading on the shareholding companies, bonds and any listed securities in the market through this system and via the Internet , like any investor , trading in the market hall, in addition to regulate all financial settlements and equity in accordance with procedures and instructions of the prevailing market. "

He continued," the directors authorized brokerage firms have received special training for management will be followed by another training for authorized and opened the door to train investors by brokerage firms and the Association of mediators money leaves to spread the culture of investment and expand its base by trading stocks and bonds from anywhere in the world . "

he explained the market," it is hoped that the launch of the project officially during the first quarter of 2017 after completion of the binding mechanisms with the Iraq Stock Exchange systems and build the required access sites. "

the Iraq Stock Exchange was established in 2004, and moved to electronic trading in 2010 , after he was traded manually, and trading in the market is currently 73 affiliated company of eight sectors.

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