TrinityeXchange

no. it is not directly related to an rv. however it is a contributor to an rv. you must have good value in your currency for serious investors to come into your market.

As usual my man Mr. Adbul-Kasim, CEO of AlJazera Brokerage came through with an answer. For you Rico. We were actually having email dialogue at 2am PST; try doing THAT with Warka LOL! Unfortunately my friend you cannot currently trade the Index on the ISX This is straight from the horses mouth. Please see below. I also confirmed this by a thread over at investors site. broker: Could you please explain what you mean by investing in the ISX index ? me: Certainly sir. Typically, on the stock markets in the United States, an investor can invest one of two ways. Invest by purchasing the stock of a company. For instance Cisco is traded in the Nasdaq Index. The Nasdaq Index is generally where all of the High Tech companies trade. Invest in the index itself instead of purchasing the stock of any one particular company. For instance if I wanted to purchase High Tech stocks but did not want to buy a stock of a particular company (like Cisco) then I could purchase the Nasdaq Index. The Nasdaq Index is a weighted composite of all companies that are a member to it. give a good understanding of the Nasdaq Index and will probably do a better job than what I can explain. Perhaps the ISX does not currently have a fund established for this. For example, if I wanted to invest in some of the banks in Iraq, I would typically buy stocks in a bank directly. I could have in my portfolio 300,000 shares of BBOB, 500,000 shares of BIME, and 250,000 shares of BUND. However if I believe that the entire banking sector will do quite well then I might purchase the banking sector index instead which is a weighted composite of all of the banks that are members of the banking sector index. I hope this is understandable. Please let me know if I should explain further. Thank you for your time Mr. Abdul-Karim broker: Thank you for your explanation.We are afraid that no one can invest in the ISX index at present.Therefore, you can only invest by buying up to 10% of the total shares of any company on the ISX. broker: We should like to inform you that there will be no ISX tradingsessions from the 4th till the 12th of November,due to theEid Al-Adha holidays.

yet they are in way better shape than us. we still have of tax payers dollars that has never been accounted for. 9 TRILLION DOLLARS! yet we highlight 6 billion missing in iraq. laughable to say the least. pot - kettle

Here is his email to me where he showed me the proper method to fill out the buy order: Dear Mr xxxx, We received your buy order after the session yesterday ( Wednesday,26 October ).Please send your buy/sell orders in the future a day before the date of the session , mention the number of shares you would like to buy next to the name of the company ( in the first section of the form ) , always tick the ( optimum cost available ) and do not fill in the last section of the form,as we have to fill it after executing the buy/sell order. We executed your buy order today (Thursday,27 October ) and managed to purchase for Trinity Exchange xxx,000 shares of BBOB .The share price was 3.200 Iraqi dinars and the total cost was xxxx Iraqi dinars.Your present funds with Aljazera Brokerage amount to xxxxx Iraqi dinars.We enclose three attachments to this effect. This should help you not make my mistakes. Let me know if I can be of further assistance.

pm me my friend. we do not want to hijack this great thread.

+1 We pay the money because if we don't the OTHER GUY will. its not so much that we need them as much as it is that we don't want the OTHER GUY to have them. "what a wonderful world..."

I recommend AlJazera highly. Tell Mr Abdul-Karim that you were referred to him by WILLIAM and he will treat you very well. He notifies me immediately upon receiving wired funds and purchase of stocks. He sends three screen prints of your current account information after your transactions with detailed information in the email. I've even received replies from this guy on Saturday mornings. Warka, not so much.

here is some additional information about brokerages. you should really take an hour to read through some of these laws to help your confidence in the institution before you invest: if you click on brokers list and come to the list of brokers. Select any one of them and you will see how much initial capital they have invested and stand to risk should they violate the law. An example is Credit Company: Credit company Address Al-Sadoon Al-Alwiya building near Al-Alwiya club Initial Capital: 100,000,000 IQD The brokers also must QUALIFY to manage brokerage accounts. Here is just a small portion of the regulations they are beholden to: A director or representative of a Broker who is authorized to conduct securities transactions on the Exchange (“Representative”) shall be a natural person who: a) is no less than 21 years old and is a legal resident of Iraq as defined by Iraqi law; is of legal capacity; c) is not an undischarged bankrupt; d) has not been convicted of a felony in a court of competent jurisdiction; e) has not been convicted of a misdemeanor related to financial fraud in a court of competent jurisdiction; f) is a holder of a university diploma or its equivalent; g) has at least five years experience in financial and commercial affairs as deemed acceptable by the Exchange; h) shall conduct brokerage activities within Iraq or at other locations as authorized by the Exchange and approved by the Commission.

well firstly the brokerage firms are all regulated by the ISC (Iraq Securities Commission). Here is a direct quote from the Governing List "Brokers are licensed and regulated by the ISC". your funds sit in an account in the Investment Bank of Iraq. the brokers are not allowed, by law, to handle your money directly. all transactions are conducted through the banks. this is in place to protect you, the investor. just so that you know i am not blowing smoke i have provided below and excerpt of the "Non Iraqi Laws" and highlighted pertinent information: 5) ISX brokers should not receive monies in cash from non-Iraqi investors directly or through their dealers. Also brokers should not implement cash payments to them. All these operations are to be done through approved banks in Iraq and in Iraqi Dinars. 6) Selling amounts are to be paid to non-Iraqi investors through approved banks in Iraq. Financial settlements should take place within the period specified in the Trading Regulations, and the broker shall bear all legal and financial consequences resulting from that. 7) ISX should issue temporary shares certificate in both Arabic and English languages. 8) The broker should provide the non Iraqi investor or his dealer, through available approved means, with statement of share sales and purchases and implementation date. 9) The broker should keep a copy of all documents mentioned in the regulations, and copies of slips and vouchers of deposited and drawn amounts. All these documents shall be under the supervision of the Securities Commission and the ISX. 10) Laws, regulations and guidelines regarding trading of non-Iraqi investors are to be published on ISX web site, with a notice how to login to the said link. 11) The broker is not allowed to keep the non Iraqi investor shares certificate which should be delivered to him or to his dealer as soon as it is received. I hope this helps my friend. The only reason I can see holding too ISX accounts is if one account is for your company and the other an individual account. This is how I am setting my investment strategy up. My LLC invests through a brokerage firm, AlJazera (who I highly recommend), and my individual investment account is currently being established through Warka Bank.

not quite my friend. not yet at least. the advantage you have right now is that there are no CUSTODIAN banks affiliated with the ISX. big corporations and investors use custodian banks for protection and will not invest in a country like iraq without it. they are nearing licensure with isx but not yet. here is a good read. and here as well. should these ipo's launch before the custodian banks are in place, how can i say.... in the words of oscar on shark tales "BET IT ALL!" put every dime you got on that ipo cuz once the big hitters come in they are going to push your nickels to infinity! here you go my friend. see evidence for yourself. asiacell is currently a subscription to the isx. it is currently not trading.

actually i believe i stand corrected aqua dude. went back and researched and i do believe you are correct. THE DEBT IS NOW SETTLED! DUDE THIS IS HUGE .... HUGE!!! this news is unbelievable toward the RV. thanks my friend for sharing. +1 to you

actually kuwait is nowhere near being paid off. there are still billions left in reparations. HOWEVER the UN seems to be turning a deaf ear to kuwait's cries and appear to be leaning toward releasing iraq from chapter 7 regardless.

follow the money. check warka bank for the rates. usd deposited = 4% interest. iqd deposited = 7% interest. what currency would you hold onto if you were a denizen of iraq?

say bot, your links are all busted. wassup? did what i said even compute? not sure if your model has a "jargon" program.

sir this is huge news! +1! i plan to jump into some BDSI as soon as more funds come my way. i just bought up a hefty amount of shares of BBOB the other day just in time to pick up 8.78% on my investment . BDSI is my next target!

i certainly will buy more but not through conventional means. the smartest method to purchase dinar is either through warka bank account or by investing on the ISX. the rate is unbeatable at approx $850 usd per $1M dinar. the same amount people spend with the dealers for $1M (approx $1220) i am owning almost $1.5M. when invested in the ISX, the dinar stand to produce more dinar.....for free! i had the greatest experience today (THANK YOU LORD!) where my first day on the ISX returned 8.74% profit to my portfolio. my hard currency dinar has been sitting in a safe place lying dormant while my electronic dinar is slaving and toiling to produce more dinar babies for big papa. so yes, i will continue to purchase dinar through my iraqi broker. i will buy if the market is dropping and buy as the market rises. the isx, in my estimation, is the best way to go.

how would you transport your usd back to the states? that is the magic question. it has already been proven multiple times on this site that transporting dinar through airport security raises no alarms. the problem is when you come back, Customs will ask "are you bringing in more than $10k into the country?" and thats when things get harry. If you opt to open a bank account there in the mid east, deposit your winfall, and then wire the money to the states, your wiring actions will trigger alarms and you might have some unexpected company soon after (men in black). so what would be your strategy or the overall point of cashing in overseas? it would seem to me that adam's suggestion works best. create a ibc (off shore corporation) that has a bank account in belize. gift all of your dinar to that corporation TODAY before its value changes through a affidavit of gifting. fly to belize and deposit it into the ibc's account after the rv. thoughts?

i'm sure you will be satisfied with the response time my friend. please give update status later.

100k was with the rabee securities. this is not the case with all brokers. my broker, Al-Jazera had no minimum requirement. the thing i like about al-jazera is that the manager speaks great english. there are no minumums. and most of all, the guy maintains great communication. he has never gone past two days without replying to me. i've recommended him to all of my friends. the downside is that i can't see my stuff electronically. however he does a great job of emailing me attachments with screen prints of my account. if anyone goes with al-jazera tell him William referred you. he will treat you well.

continued confirmation that this WILL happen, no doubt. thanks for the post.

AMEN! they are telling us in no uncertain terms that in order to be deemed a sovereign nation and be released from chapter 7, they can not be "technically" supported by foreign troops. and once released from chapter 7, they will see an immediate UP swing in wealth...GO RV!!!

yes, eventually the 25k note will be replaced by the 25 note. it is inevitable. then the 25k note will be destroyed. HOWEVER we believe that there must FIRST be a revaluation of the exchange rate of the currency before the higher denoms are replaced. scenario: i am holding a 25k note iraq's currency value is changed from 1usd=1170iqd to 1usd=1iqd my note is now worth 25,000usd iraq want the 25k note removed from circulation so they create a recall window. if you miss the window to turn in your 25k note, you have uncirculated wall paper you turn your 25k note in and recieve 25,000usd or 25,000iqd (in the newer denomination) iraq destroys the 25k note out of existence i hope that clarifies things a bit

makes you wonder how many operatives organizations like alqaeda have planted/employeed in certain key locations for funding their terrorist regime.

the HCL has NOT yet appeared in the Gazette. Its appearance in the Gazette makes it officially DONE. However from what we are SEEING....it looks pretty cooked the news we are seeing here refers to wealth distribution to the people of Iraq same as you see in other oil rich places like Alaska and Kuwait. the gist is that the oil belongs to the people on the land and thereby they deserve a share of its wealth. the Sadr movement is one that is extremely pro-people amongst other things (anti-american is another). and it is the sadr who is putting tremendous pressure on the government not to leave out the people from the windfall of prosperity coming to iraq. the leverage used is threats of mass demonstration and reminders of what took place in other mid east countries where the people were mistreated. no one can say for sure what time window will be given on the larger denomination but we do know that after the allotted time, the larger denominations will be worthless, yes. delete the zeroes from the currency AND exchange (or remove) the larger denominated notes from circulation. for instance a 25K note held by many of us will become equal to a 25 note. eventually the 25k note will be recalled and destroyed. This is a great article because it continues to highlight the fact that the Iraqi economy will upswing once the Americans pull out. This is the writing on the wall. Us pulling out solidifies Iraq as a sovereign nation with the wherewithal to protect her own interest by military might. This means that Chapter 7 status is waning and once out of Chapter 7, the country will emerge. Everything is lining up. Its time to be really excited.

link Hopes dimmed Wednesday that European leaders could come up with the answers to the eurozone debt crisis at a summit crucial for the global economy, despite China offering to ride to its rescue. Hopes dim of grand deal on debt at EU summit European Union presidents and prime ministers gather from 1600 GMT for their second summit in days with markets and world leaders urging a watertight deal to ward off fears of global recession. But draft conclusions leaked ahead of the talks show no deal on a figure for recapitalisation needs of banks as diplomats warned further meetings may be necessary later in the week. Finance ministers had given broad agreement to a 108-billion-euro ($150 billion) recapitalisation tab last week. It's "now or... never" German Chancellor Angela Merkel said of the bid to fix the euro's weaknesses. Senior diplomats too warned that negotiations with banks on a big write-down of Greek debt were proceeding slowly and that plans to boost Europe's bailout fund remained unclear. China however injected a note of hope that the eurozone might attain a goal to beef up the fund to more than a trillion euros, which would enable it to rescue large economies such as Italy and Spain. Top EU diplomats told AFP China has agreed to invest in the European Financial Stability Facility (EFSF), a clear signal that attempts to solve the eurozone crisis are truly global. The development came as global powers, from the United States to Japan and China, pressed European leaders for a lasting solution to the debt crisis before a G20 summit in France on November 3 and 4. Brazil, Russia, India and South Africa had "yet to" indicate if they would join China. Scrambling for a credible battle-plan to shield the eurozone once and for all, Merkel on Wednesday faced a new legal obligation to secure pre-summit parliamentary backing for any decisions aimed at preventing countries like Italy and Spain from becoming the new Greece. "It is going to be a long day," her spokesman Steffen Seibert said on Twitter. The spotlight will be firmly on Italian Prime Minister Silvio Berlusconi who was told by his peers after a first summit on Sunday to return to Brussels with proof of rapid action to cut a debt mountain six times the size of that in Greece. Berlusconi will take with him a 15-page letter outlining plans for reforms, including a last-minute agreement with his Northern League coalition partner to raise the retirement age from 65 to 67 in 2026, Italy's media said. "Do people think Berlusconi's 15 pages is sufficient?," asked a top EU official, after sharp exchanges during Sunday's summit. "That is the big focus for the evening." Saddled with a 1.9 trillion euros in debt, equal to 120 percent of GDP, Italy is paying rates of nearly six percent to borrow on markets, almost triple Germany's borrowing rate. The size of the debt has stoked concern that the 440-billion-euro ($605-billion) EFSF war chest would be insufficient to rescue large economies like Italy and Spain so leaders are examining ways of beefing up its firepower. The text going before the German parliament refers to two models: one would insure jittery investors against potential future losses; the second calls for aid to be co-financed by public or private investors, including foreign countries. It is in this part of the plan that countries like China and institutions like the International Monetary Fund may well take part. "The two models are not mutually exclusive," the text says. The summit, though, is unlikely to announce any headline figures. In Berlin, Merkel drew a new battle line on the eve of the meeting, insisting that leaders strike out a line in draft conclusions calling on the European Central Bank to keep buying bonds of struggling nations -- a role the EFSF is supposed to take over. British Prime Minister David Cameron is coming into the summit with his own gripe, demanding that the EU's 10 non-euro nations like his be associated with decisions of the 17-nation eurozone, who will break off amongst themselves to conclude the night discussions.