ronscarpa Posted March 24, 2020 Report Share Posted March 24, 2020 Once Again, NO Daily Auction today. Tuesday - 3/24/2020 The ISX has reopened today for business - no reported currency change. That's 8 consecutive days (2 days closed), 6 no Auction days. 3 3 2 Quote Link to comment Share on other sites More sharing options...
ronscarpa Posted March 24, 2020 Author Report Share Posted March 24, 2020 IS X was open for business: http://www.isx-iq.net/isxportal/portal/homePage.html http://www.isx-iq.net/isxportal/portal/marketPerformance.html?marketType=0 1 1 Quote Link to comment Share on other sites More sharing options...
Stabstones Posted March 24, 2020 Report Share Posted March 24, 2020 4 minutes ago, ronscarpa said: IS X was open for business: http://www.isx-iq.net/isxportal/portal/homePage.html http://www.isx-iq.net/isxportal/portal/marketPerformance.html?marketType=0 Last update 16/03/2020 1 Quote Link to comment Share on other sites More sharing options...
Stabstones Posted March 24, 2020 Report Share Posted March 24, 2020 Resume on 29/03/2020 3 Quote Link to comment Share on other sites More sharing options...
ronscarpa Posted March 24, 2020 Author Report Share Posted March 24, 2020 It appears I was mistaken...as I watched the tickers it reflected activity for 3/24/2020, but I didn't see this notice page. RON 18 minutes ago, Stabstones said: Resume on 29/03/2020 3 Quote Link to comment Share on other sites More sharing options...
NoviceInvestor Posted March 24, 2020 Report Share Posted March 24, 2020 Thank you Ronscarpa.. I personally think the Auctions will start again when the market begins to trade again. The RV/RI train will then roll on again to its next destination wherever and whenever that will be. Bless you all and stay safe and healthy in these trying times and let God (Psalm 91) be our protector. 1 1 Quote Link to comment Share on other sites More sharing options...
Laid Back Posted March 24, 2020 Report Share Posted March 24, 2020 Interesting 🤔 No daily auctions at the CBI for 6 days in a row and now the ISX resumption of trading activity on March 29/2020. Do you guys think, this is all related to the coronavirus pandemic? In my opinion is not. 2 2 2 Quote Link to comment Share on other sites More sharing options...
NoviceInvestor Posted March 24, 2020 Report Share Posted March 24, 2020 I personally think it is Laid Back. 2 Quote Link to comment Share on other sites More sharing options...
Half Crazy Runner Posted March 24, 2020 Report Share Posted March 24, 2020 6 minutes ago, Laid Back said: Interesting 🤔 No daily auctions at the CBI for 6 days in a row and now the ISX resumption of trading activity on March 29/2020. Do you guys think, this is all related to the coronavirus pandemic? In my opinion is not. I agree. Nothing will have changed regarding the virus by March 29. There is something else happening here. 2 3 Quote Link to comment Share on other sites More sharing options...
Wiljor Posted March 24, 2020 Report Share Posted March 24, 2020 (edited) 18 minutes ago, Laid Back said: Interesting 🤔 No daily auctions at the CBI for 6 days in a row and now the ISX resumption of trading activity on March 29/2020. Do you guys think, this is all related to the coronavirus pandemic? In my opinion is not. That's the million dollar question brother. In my humble opinion, I think that Iraq is having a liquidity issue at present and the availability of USD is tougher to come by, due to the Corona Virus. Now, that doesn't mean that an RV is not possible right now, on the contrary, if they were looking to solve that liquidity issue, now would be the PERFECT time to change the value. The WMF has told Iraq, basically "no more loans" that they must look to other sources, other then oil to promote the economy. We are in very interesting times sir, and Im sure at some point this will all come to a head and we will know the TRUE identity of the value of the IQD, but with the global economy in a whirlwind of activity, its really hard to put a handle on anything right now. I trade the Futures markets, everything from Crude to Forex is just taking a pounding, and with billions and in some cases trillions of dollars being injected into the system to prop up economies, I'm just not that confident the a quick RV will be on the immediate horizon. I believe the world in in a "re calibrate" scenario, and until things settle down, we will have a more broader picture of global events. I could be way out there, but in the end, who REALLY knows? Edited March 24, 2020 by Wiljor 2 2 2 Quote Link to comment Share on other sites More sharing options...
blueskyline Posted March 24, 2020 Report Share Posted March 24, 2020 Thanks Ron !!!! Rock On !!!! 2 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted March 24, 2020 Report Share Posted March 24, 2020 Let’s go haha 1 Quote Link to comment Share on other sites More sharing options...
jcav Posted March 24, 2020 Report Share Posted March 24, 2020 1 hour ago, Laid Back said: Interesting 🤔 No daily auctions at the CBI for 6 days in a row and now the ISX resumption of trading activity on March 29/2020. Do you guys think, this is all related to the coronavirus pandemic? In my opinion is not. I think the ISX is related to the drop in oil prices and the Corona Virus. It is also a perfect time to reset for a possible RV. 1 hour ago, NoviceInvestor said: I personally think it is Laid Back. I think, respectfully, you are half correct. The auctions are not a result of the virus. The ISX may be. 1 hour ago, Half Crazy Runner said: I agree. Nothing will have changed regarding the virus by March 29. There is something else happening here. I totally agree here with you. Nothing will change virus wise by March 29. 2 1 1 Quote Link to comment Share on other sites More sharing options...
DinarThug Posted March 24, 2020 Report Share Posted March 24, 2020 3 hours ago, ronscarpa said: It appears I was mistaken...as I watched the tickers it reflected activity for 3/24/2020, but I didn't see this notice page. RON Resumption of trading activity in securities in the Iraqi market for securities as of Sunday, 29 March 2020 According to the decisions of the Health Crisis Cell in Iraq http://www.isx-iq.net/isxporta.....038;type=2 1 1 1 2 1 Quote Link to comment Share on other sites More sharing options...
DinarThug Posted March 24, 2020 Report Share Posted March 24, 2020 4 hours ago, ronscarpa said: NO Daily Auction today. Tuesday - 3/24/2020 Fyi - From June Of Last Year ... The central bank launches the electronic platform for financial trading between banks operating in Iraq Thursday 20 June 2019 - 13:53 Baghdad - Awa Today, Thursday, the Central Bank began procedures for launching the electronic platform for financial trading between banks operating in Iraq. Interbank Market (FX, Money Market A central bank statement received by the Iraqi News Agency (INA) said, "The electronic platform aims to increase cooperation between banks and its ability to diversify the financial services of its clients and attract commercial and financial operations available in the market" The statement added, "This platform establishes a structured electronic financial market that opens and facilitates the path for foreign investment in Iraq He continued that "the procedures of the central bank under the auspices of an technical workshop between one of the leading international companies in the areas of financial solutions and a number of banks operating in Iraq with the support of the Iraqi Private Banking Association" LINK 2 1 1 1 Quote Link to comment Share on other sites More sharing options...
Laid Back Posted March 24, 2020 Report Share Posted March 24, 2020 Thank you all for your comments. @NoviceInvestor @Half Crazy Runner @Wiljor @jcav We patiently wait and hope for the best..... Go RV..... Go ASAP 3 2 1 Quote Link to comment Share on other sites More sharing options...
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