Iraq Business Directory - 10/20/2012 - 5:46 pm | Hits: 9
Placed Securities Commission new controls to regulate trading in the stock market, saying it will begin next Sunday Pttbakq decision to include companies that have the expertise for two years, at least within the trading.
said Executive Director of the Iraq market for securities Abdul Razzaq al-Saadi said that "the Securities Commission started reviewing the performance of companies that contribute to the trading of the stock exchange and it will start applying the decision be required two years of work experience, at least for each company you want to enter the trading market starting since Sunday. " He explained that "the authority is working on the inclusion of well-known companies Prusantha and its ability to ensure the rights of the investing companies."
and started the Iraq Stock Exchange preparations preliminary for membership global market for securities, also announced the start electronic filing of corporate foreign investment and local rather than filing paperwork.
were bourse Iraq has started its activity in 2004, and shifted from manual trading to the use of electronic screens deal in 2009 and opened for trading two hours a day for five days a week. The banking sector is the largest in the stock market, which also includes shares of industrial companies and insurance companies, hotels and agricultural companies.
[You must be registered and logged in to see this link.]