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  1. #1
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    Default Electronic Trading in the ISX

    Should hear some good news regarding this within next week!

    Electronic Trading is apparently close.

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    man its time for some good news Sea....been a long ride...time for us to have some sort of fruitation from it...thanks for all you do and all your input...greatly appreciate it...Pat

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    Yes - some good news indeed. There are apparently five Companies that are set up for electronic trading to start with. This came from the owner of one of the Brokerage Houses that will be amongst the first to use it. So I consider it quite accurate.

    He did mention a couple of weeks ago that it was close and a media announcement would be made soon, but I decided to wait until he could confirm and now he has. I think he means the announcement will be next week in the media.

    Anyway - I will be looking out for it!

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    Guess we are on time with this seaview, Iraqi time that is. Didn't we think this would happen late 07, early 08 at one time. This really is some positive news,thanks for sharing. 67

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    Quote Originally Posted by Seaview View Post
    Yes - some good news indeed. There are apparently five Companies that are set up for electronic trading to start with. This came from the owner of one of the Brokerage Houses that will be amongst the first to use it. So I consider it quite accurate.

    He did mention a couple of weeks ago that it was close and a media announcement would be made soon, but I decided to wait until he could confirm and now he has. I think he means the announcement will be next week in the media.

    Anyway - I will be looking out for it!
    Heard any additional news on this?
    Thanks.

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    Not yet. My understanding is that an announcement will be next week. We will see.

    If not, well we know it is 'soon'.

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    lol...boy that sounds familiar huh...SOON..gotta love them Iraqis....i mean they move at a pace unknown to mankind b4...lol...Pat

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    Yeah, they are moving. I got a note from some who are very much into monitoring the Dinar and the word was that the Central Bank has met all IMF requirements and are now part of the world commerce system again (as of last Friday). Still no word on RV Rate, but rumor was to open at 3.82. Anyone hear anything else? Monday morning should be exciting. Just have to relax and enjoy the Super Bowl and keep my mind on the pig skin. No rush on exchanging currency as banks should all be in competition soon for our business; or paying us to exchange and do business. Should be no reason to pay to exchange.

    Comments!

    Getting acquainted with Iraq, there is an excellent book on US involvement: "My Year in Iraq" by Ambassador P. Paul Bremer III. Just finished that one plus Never Again by John Ashcroft, Attorney General. Now reading "At the Center of the Storm" by George Tenet, CIA (Clinton/ Bush - 1997-2004) Excellent reading.

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    Quote Originally Posted by Lucky142 View Post
    Yeah, they are moving. I got a note from some who are very much into monitoring the Dinar and the word was that the Central Bank has met all IMF requirements and are now part of the world commerce system again (as of last Friday). Still no word on RV Rate, but rumor was to open at 3.82.
    Best rumor I have heard in a while!

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    Okay seaview and others, please for the mentally dinar challenged or us who are starting the senior momments of life. If the electronic trading starts, does that automatically set off a re val or not please explain to me. and 3.82 would be beyond great for me LOL fingers crossed
    Benzboy

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