Iraq allows non-citizens circulation in the bourse Justice / follow-up to the Executive Director of the Iraq market for securities Taha Ahmed Salam that the Board of Governors in the market ", the circulation procedures for non-Iraqis and referred to the competent authorities for approval and authorize the commencement of work,
وأعلن .Salam announced that "work is continuing now to move from the manual circulation systems to electronic trading after the contract with the Swedish شركهOMX, which carried out the same project in exchanges of Dubai and Abu Dhabi, Cairo, Saudi Arabia, Palestine, in addition to the seven European exchanges," pointing to "the end of the train 32 staff and 48 broker members of the Securities and Finance and the Board of Governors in the market, to use the new system late last month, Salam explained that the current year "will be important for the adoption of a transaction and the transfer of electronic files investors of companies contributing to the deposit, leading to the elimination of the daily problems experienced by the work of the Stock Exchange. وكذلك.As well as increasing the speed of the rate of turnover of shares, as well as to encourage investors to training and moving to electronic trading and accept the inclusion of new companies in the market, as well as the expansion of the investment signing of the agreement with the Kurdistan to open the hall to circulate securities which, linked electronically with the market in Baghdad, Iraq, as witness the accession to the European International exchanges and cooperation with the Arab stock exchanges for the opening of direct investment through channels Stock Exchange. " The Executive Director pointed out the difficulties and problems encountered during the investment last year, and it is the results of the operations of trading in the market was "not positive", the most important one, according to the "lack of stability and security departments and some companies of the threat, and each other's abduction curfews and preserve the lives of citizens, and the migration of some Iraqi capital abroad, which led to the liquidation of large shareholders governor. .Moreover, increases capital-organization. " He Salam to the reflections of increasing interest rates on bank deposits to boost investment. Given the inverse relationship between rising interest rates and stock prices, as well as the non-participation of the financial sector in the government invest in the bourse, despite the presence of large financial surpluses in assets - invested, and the failure of some departments of companies in the development of the industrial sector activity. still operating at less than capacity. In spite of these obstacles facing investment activity last year, the Executive Director of Iraq that the market for securities, "able to carry 93 meeting circulation rate of two a week, during which circulation 58 one billion shares at a value of 146 billion Iraqi dinars.
جريدة العدالة العراقية - العراق يسمح لغير المواطنين بالتداول في البورصة