My understanding is that yes the ISX can go live tied into the NASDAQ at their current value, but the classification of the currency would have to change to being internationally recognized. See the currency does have a value, it is just an imposed value. What we are wanting is for it to go to a reality value based in accordance to the internationally excepted currency calculation used by the IMF,WTO and International Central Banks.
The situation with the ISX being networked with the NASDAQ and thus other International Trading Centers, is that if this takes place while the ISX stocks are valued based on the imposed rate those stocks will be vastly under valued when pared next to already traded stocks on those international trading sites. Also it was mentioned by Tlar I believe, that all stocks that are traded on the NASDAQ must have a specific minimum value or higher to be traded on that system, so the ISX (Iraqi) stocks at their present value based off the imposed rate would largely fall well under that minimum value and be classified as penny stocks and thus not be able to meet the minimum requirements to be traded on the NASDAQ or most other International Trading Platforms.
I hope it's ok that I tried to help with the question being asked, just trying to help people try and understand what appears to be taking place with the ISX.