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    Drawers banks and money transfer company in the Iraq Stock Exchange 3-7



    Drawers banks and money transfer company in the Iraq Stock Exchange

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    Economy News / special incorporated banks and financial companies to convert their shares in the Iraq Stock Exchange the number of listed companies in the market to be generally 100 companies. The executive director of the market, Taha Ahmed Abdul Salam said in an interview (of the economy News), the Securities Commission approved the Governors of the Iraq Stock Exchange Council resolutions at the inclusion of three companies after the completion listing requirements, noting that it would be on the Iraq Stock Exchange obtaining international number for trading ISIN* for each company for the purpose of opening statements on electronic systems for trading and central depository stations and electronic trading.

    The Abdel-Salam said the three companies are (Ceyhan Islamic Bank for Investment and Finance, the Bank of the Islamic world for Investment and Finance, United Financial convertible), noting that it is being pursued other joint-stock companies for inclusion in the coming months in collaboration with the Iraqi Central Bank and the Securities Commission by the Board of Governors. Abdul Salam said that it would be on these three companies complete listing requirements and deposit of the register of shareholders for the purpose of approving the launch of trading in its shares on the market by the shareholders and investors, stressing that it will be listed on the Iraq Stock Exchange companies upon registration and deposit is completed by these companies (100) Company included. AJ

    * An International Securities Identification Number (ISIN) - ISINs uniquely identify a security -- its structure is defined in ISO 6166. Securities for which ISINs are issued include bonds, commercial paper, equities and warrants. The ISIN code is a 12-character alpha-numerical code. Think of it as a serial number that does not contain information characterizing financial instruments but rather serves to uniformly identify a security for trading and settlement purposes. -LOOP

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    Last edited by Loopback; 03-07-2017 at 10:24 AM.



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