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Securities open the door for international and local banks to implement the project custodian  DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Securities open the door for international and local banks to implement the project custodian

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Securities open the door for international and local banks to implement the project custodian  Empty Securities open the door for international and local banks to implement the project custodian

Post by IQD4US on Wed Jul 18, 2012 5:32 pm

17/07/2012 09:49

BAGHDAD / Center Brief for the Iraqi Media Network - announced the Iraq Stock Exchange is implementing a project that she began a custodian is now waiting to apply international banks have the capital to be entrusted with the high project implementation.

The executive director Abdul Razzak al-Saadi's (Center Brief for the Iraqi Media Network) that "the Iraq Stock Exchange has begun the process of the implementation of a custodian for investors and stock market participants process."

He explained that it "opened the door for international banks to submit proposals and study the implementation of a custodian who will contribute to strengthen the Iraqi economy."

The application of the system custodian definition of its clients and open accounts for them on the Center's database and transferring securities belonging to the investor of the Central Register to the investor's account under his control as well as to transform the deposited securities between the accounts of the investor with the Broker to and from his accounts with the custodian to inquire about the movement and balances of its customers deposited securities.

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Securities open the door for international and local banks to implement the project custodian  Empty Re: Securities open the door for international and local banks to implement the project custodian

Post by Guest on Wed Jul 18, 2012 5:58 pm

I really think we will see the rv in September Smile

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