Three Iraqi brokerage firms receive positive evaluation from the European-Asian Stock Exchanges Federation

Wednesday, October 31,




Alsumaria News / Baghdad
Three Iraqi brokerage firms have made significant progress in the European and Asian Stock Exchanges, while the Iraqi Stock Exchange discussed a law to support investments in the market.

"Three brokerage firms in the Iraqi market for securities received a positive evaluation from the Federation of European and Asian Stock Exchanges at a conference organized by the Federation with the Abu Dhabi Stock Exchange on 29 December," said Taha Ahmed Abdul Salam, And October 30, 2018. "


"This assessment came to the work of the three companies in the market and their balances to other international companies," Abdul Salam said.

"The future plans to pass a law that adopts international standards in attracting investment in securities, in addition to encouraging the establishment of mixed joint stock companies, especially the transition to a market economy, as well as attracting the functions of custodian and the bank guarantor to encourage the entry of investment funds and international portfolios."

The Iraqi market for securities has been using electronic trading systems and central depository since 2009 and seeks to launch the Internet trading system for investors, and organizes five trading sessions a week from Sunday to Thursday, and included 103 Iraqi shareholding companies representing the sectors of banking, telecommunications, industry, agriculture, insurance, financial investment and tourism And hotels.


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