Iraq Stock Exchange launches instructions online trading system for investors 9-21
Iraq Stock Exchange Iraq Stock Exchange launches instructions online trading system for investors
Author: AR, HH
Editor: AR, HH
Number of Views: 801
Long-Presse / Baghdad
Uncover Iraq Stock Exchange, Wednesday announced the launch of the trading system instructions via the Internet, as he emphasized that the service will be launched in the first quarter of 2017, pointed to the provision of five brokerage firms to work the system.
The executive director of the market, Taha Ahmed Abdul Salam said in an interview to the (long-Presse), that "the Iraq Stock Exchange issued a trading instructions via the Internet to investors after obtaining the required official approval according to the law, which include the procedures, mechanisms and systems required by the Iraq Stock Exchange and brokerage firms taken in order to obtain a license to provide this service for investors, "noting that" the service will be launched in the first quarter of 2017 ".
Abdul Salam said that "the market identified instructed disclosures required of brokerage firms, which include disclosure of the risks associated with investing and models to deal with investors' actions (Know Your Customer KYC), and commissions that Satkadaha mediator, as well as the requirements are carried out by investors to agree to their trading via the Internet." .
Executive Director of the market and continued that "the five brokerage firms submitted its application to the market to participate in the trading system via the Internet for investors, namely, (urban company, Rafidain, Spring Company, Carmel Inc., Elaf," pointing out that "the Iraq Stock Exchange takes several months ago organize lectures and workshops for brokerage firms and investors for the purpose of definition of these services. "
The Iraq Stock Exchange, announced Wednesday (20 April 2016), his intention to work remote circulation through the end of this year system in 2016, as he emphasized that it will contribute to "activate" trading and "attract" investment and "streamline" the work procedures.