Executive Director for the stock market: electronic trading contributed to a 50% increase of the market value

[yota691]

 

Iraq Stock Exchange

Iraq Stock Exchange is planning to work after the trading system to "streamline" procedures and "activate" investment

 

Author: ASJ, HH 
Editor: BK, HH 20.4.2016 14:39 Number ofViews: 412 
 

 

Long-Presse / Baghdad

Iraq Stock Exchange, announced on Wednesday his intention to work for after trading through the end of this year system in 2016, as he emphasized that it will contribute to "activate" trading and "attract" investment and "streamline" the work procedures.

Said Executive Director of the Iraqi market for securities, Taha Ahmed Abdul Salam, in an interview to the (long-Presse), said that "the trading system can be remotely investors from trading in securities via the Internet from anywhere," expected "system accomplish the end of the second half of the current 2016 ".

He said Abdul Salam, that "the system will stimulate trading in the market and attract investment and simplifies operating procedures by allowing the introduction of stock purchase order or sold by the beneficiary directly under deals that purports to its conclusion," noting that "the system can be beneficial to cancel orders that do not want it, as well as access to reports and statistics they wish to get them to follow the evolution of stock trading activity. "

He said Abdel-Salam, "The use of remote system helps to follow the disclosure on a specific stock or stock corporations all," pointing out that "the update is the latest procedures that will be used by brokerage firms to enable investors to execute trades mechanisms themselves in accordance with the instructions and rules prevailing in the market Iraq Stock Exchange. "

Abdul Salam confirmed that "the Iraqi market will continue to hold workshops to introduce remote trading and increased expertise before choosing the appropriate system for investors."

[boosterbglee]

"accomplish the end of the second half of the current 2016".......time to dust off the old rocker! 

I thought I was "off" my rocker!

 

[Synopsis]

I think this is extremely good news.  I may be wrong but I can't imagine, ""the trading system can be remotely investors from trading in securities via the Internet from anywhere," expected "system accomplish the end of the second half of the current 2016" could be in place without an international IQD.  Here is hoping!

[SnowGlobe7]

if synopsis likes it than so do I!!!!

[Synopsis]

35 minutes ago, SnowGlobe7 said:

if synopsis likes it than so do I!!!!

Alright!  Seems like things are looking good for the switch(es) to get flipped and soon!

         

[SnowGlobe7]

[SnowGlobe7]

who said flipped????

[nfire]

So end of the year 2016?

[SnowGlobe7]

promises promises......we could only hope

[waterman13]

6 minutes ago, nfire said:

So end of the year 2016?

Yeap

WM13

[Synopsis]

1 hour ago, SnowGlobe7 said:

Somehow I picture this as some kinda sophisticated choreograph.  Maybe some rock star will put this to good use with their on stage entourage!

[WheresmyRV?]

What happened to this happening after the first half?

[SnowGlobe7]

well let me explain it this was wheresmyRV.......its kinda like the dallas cowboys....lots of promise for the second half...but they rarely deliver...LOL  LOL (funny cat tonight)

[WheresmyRV?]

9 minutes ago, SnowGlobe7 said:

well let me explain it this was wheresmyRV.......its kinda like the dallas cowboys....lots of promise for the second half...but they rarely deliver...LOL  LOL (funny cat tonight)

LOL!! 

[yota691]

Workshop bourse work

 

 

4/23/2016 0:00   BAGHDAD Mustafa Hashimi  governing Iraq Stock Exchange today a workshop under the title «electronic trading role and rules Iraq Stock Exchange in stimulating investment» , along with the establishment of a ceremony to mark the anniversary of the launch of electronic trading.  A source in the market »Sabah» that the workshop, which will be held in the Baghdad Hotel bows Hall, will include the establishment of five presentations or axes looking at ways to invest in the securities sector development, where will premiere eating seeing Iraq Stock Exchange, and the second technological development and future plans, deals with the third presentation proposals investment securities attraction.  He opening of the exhibition will display information and products of joint stock companies, which will be held during the workshop which will allow investors to meet and communicate with them and look at the signs  and the achievements of companies , along with her future plans.

[Boozer]

what are they trading with USD or worthless IQD ? and what are her future plans ? 

[moneysoon]

They are trading in IQD which for our purposes is worth exponentially far more than the USD in this trading market.  Their future plans are to lead the middle east in trading...

[tigergorzow]

Yota Thanks, DV, Moneysoon Thanks for the clarification as well.  It is fantastic that they are trading in their currency. Lets hope the increase in the purchasing power will follow along with all the other good news about the entire World is behind Iraq .  This week should shed some light on the new ministers being voted by Parliament and implementations of reforms IMHO.

 

Keeping the faith!!

 

GO RV!!

[yota691]

 

The workshop was hosted by the stock market on the occasion of the seventh anniversary of electronic trading, the Baghdad Hotel, the center of the capital, on Saturday, (April 23, 2016).

Securities confirms high indicators and experts reveal their shares decline and urge the savings banks

 

Author: ASJ, HH 
Editor: HH 23.4.2016 18:12 Number of Views: 166 
 

 

Long-Presse / Baghdad

Iraq Stock Exchange, confirmed on Saturday that the first three months of this year, indicators, was "positive" compared with those of last year, 2015, and suggested that contribute to dependence trading system after increasing the number of investors, with experts from falling stock prices and the activity of circulating revealed because of the repercussions of the economic situation and not to approve the law of the market, called on citizens to "to deposit their money in banks as well as to activate the market they constitute half of the shareholders."

This came during a workshop hosted by the stock market on the occasion of the seventh anniversary of electronic trading, under the title (the role of electronic trading and the rules Iraq Stock Exchange in the revitalization of the economy), the Baghdad Hotel, the center of the capital, and attended (range Press).

The executive director of the market, Taha Ahmed Abdul Salam, in an interview to the (long-Presse), "The workshop discussed how to support the joint-stock companies through investor-friendly legal procedures, and to encourage Almzchrin to contribute to the development of funds to contribute to increasing GDP companies' capital," noting that "The market will launch the trading system remotely for investors and to establish a new joint-stock companies."

He said Abdel-Salam, the "electronic trading transfer of the Iraqi market for securities of paperwork that hinder the work of the shareholders and investors to the use of computer software and digital systems that would speed up the process of trading and investment facilitation process," noting that "the available during the first three months of the year, indicators current 2016 were positive compared to their counterparts of the past year 2015, despite the obstacles and problems facing the market and joint stock companies producing stocks. "

In turn, said a member of the Board of Governors at the Iraq Stock Exchange RMR firm, said in an interview to the (long-Presse), "The highlight what the stock market at the moment is trading project after which aspires to be completed the end of 2016 this", usually that " the project allows the investor trading directly with the market about what contributes to the rapid spread inside and outside Iraq. "

And it suggested the firm, said: "Trading over after a number of investors in the Iraq Stock Exchange, which exceeds the 25 thousand people present, because it allows them their shares on their own management," pointing out that "the main problems facing the stock market now is not to adopt its own law despite the raised since 2008, includes being a lot of facilities that deal with red tape. "

For his part, director of electronic systems in Iraq Stock Exchange Younis issued, in an interview to the (long-Presse), "The systems used in the market in line with international standards and certified in several countries in the world which is secured 100%," returned to "the use of these systems has given market credibility and earned foreign investor confidence, which led to increasing the number of investors. "

He issued, that "the market is now focusing on increasing the market with confidence through the cemented material base for technology stock using and preparing the base keeping a sophisticated and flexible data allow the market management of the site from somewhere else in case of any malfunction or emergency modern global systems."

In turn, in an interview that "the Iraq Stock Exchange (KSE) suffer from falling stock prices problems and circulation weekly and monthly economic adviser Samir Nasiri said to (long-Presse)," attributing the cause to "economic conditions through which Iraq and the financial crisis that led to the recession and the impact the tourism sector and contribute to industrial companies and the banking sector. "

For his part, called for economic and academic Abdul Karim Mahmoud, said in an interview to the (long-Presse), to the "restructuring of Iraqi banks and unify efforts to activate the Iraq Stock Exchange's performance," calling on citizens to "save their money in banks to activate their work will reflect positively on the economic situation and increase the effectiveness of the Iraq Stock Exchange. "

Mahmoud said, that there is a "contribution in Iraq 98 companies representing the structure of the work of the securities market, including 44 banks," pointing out that "stopped the work of banks means stop that 50 percent of the contribution to the Iraq Stock Exchange companies."

The Iraq Stock Exchange discussed with the Central Bank of Iraq, in the (fourth from this April 2016), government bonds put up in the Iraqi Stock Exchange mechanism, stressing the formation of committees to follow up the matter.

The Iraq Stock Exchange announced that, in (the twentieth of this April 2016), the work of trading for after the end of this year system in 2016 its intention, returned it will contribute to "activate" trading and "attract" investment and "streamline" the work procedures.

[new york kevin]

Hey how come I wasn't allowed to give Yota a reputation? No comprehende. For the record it would have been a positive bump up.

This will help get more velocity going on behind the IQD. It very well may provide a level of trust behind the IQD that Iraqi investors and the general popuation have been holding back on. Two thumbs up in a Z formation!!!

[yota691]

 

Iraq Stock Exchange organizes a workshop on electronic trading and its role in activating Alaguetsadalaraca

 

 

 

 

 

Economy News:

Iraq Stock Exchange organized on Saturday a workshop entitled / Doraltdol mail and rules Iraq Stock Exchange in the revitalization Alaguetsadalaraca /.

 And Houdralndoh which was held on the occasion of the seventh anniversary of the entry into the market of electronic trading, the central Iraqi Mstcharalpennek Walid Idi and a group of economists and experts in the field of the stock market and the Iraqi private banks.

 And praised for Idi / Economy News / project of electronic trading, which has become the stock market applied at the moment and calling it a quality shift in the history of the trading market and keep up with Alttoraltknlogi in this area.

Noting that the implementation of the market for the trading system after all is a new success added to the achievements of the market during the current year 2016. 

For his part, Maderaltnive market Taha Ahmed Abdul Salam, said that electronic trading workshop held annually discuss how to support the joint-stock companies through investor-friendly legal procedures, and to encourage funds to contribute to increasing GDP companies' capital. He stressed that the Iraqi market electronic trading transfer of securities of paperwork that have become models for the old shareholders and investors to use the software and digital systems that speed up the trading process and the evolution of the investment process.

Acharaly the Iraq Stock Exchange discussed with the Central Bank of Iraq earlier government bonds put up in the Iraqi Stock Exchange Mechanism.

Na

 

Views 111   Added 23/04/2016 - 23:34   Last updated 24/04/2016 - 12:21   No. Content 3126

[yota691]

Executive Director for the stock market: electronic trading contributed to a 50% increase of the market value

04/24/2016

 

 

BAGHDAD / Karim Jassim al-Tai / .. said Executive Director of the Iraqi market for securities, Taha Ahmed al-Rubaie said the electronic trading contributed to an increase of the trading process in Iraq, as well as increase its market value to more than 50% from what it was previously.

Rubaie said a statement singled out by the agency / KD / on the occasion of the seventh anniversary of the Otalaaq electronic trading and central depository: The Iraq Stock Exchange Workshop on Systems (the role of electronic trading and the rules Iraq Stock Exchange in stimulating investment) Indicating that this workshop is an extension of workshops Previous work specializes in the subject of development and support of market and capital in Iraq.

He stressed that the use of electronic systems contributed to the transfer of operations and procedures of trading and the relationship of shareholders and investors with joint-stock companies of styles handmade paper to use electronic systems programmed.

He said the market managed through the use of these modern systems of market breadth work using five trading week after it was three trades a week and currently has become a rate of 232 a session Snuya.mnoha that this development must be accompanied by developments in many areas such as services and professions that have to do investment and encourage investment .vdila on the market value of the Iraqi market for securities, which rose at a rate of 50% Mndhu our use of the electronic system in 2009 until now.

He pointed Rubaie said joint-stock companies that represent the Iraqi economy to exceed 126 companies of which 98 companies listed on the Iraq Stock Exchange .mtaliba from the Iraqi government to support and outsourcing companies and the establishment of joint-stock companies the fact that they contribute to the compilation of national and foreign savings in the provision of services and products needed by the Iraqi economy and also in the increased configuration GDP and shift the economy to a market economy.

Rubaie called that accompanies this economy development in infrastructure and modify a number of legal regulations, especially the issue of the Iraqi capital market, which regulates the relationship between all the elements of investment in the economy and also the development of procedures in now, such as issuing bonds, which still is far from trading in the market the lack of regulation in the proceedings issued or traded. / End / 22 /