Launch of the first online financial trading platform

[6ly410]

Launching the first online financial trading platform

Seror sattar2022-12-19

 

https://www.awla.news/إطلاق-أول-منصة-إلكترونية-للتداول-الما/

Today, Monday, the Iraq Stock Exchange announced the launch of the Internet trading system for the shares of Iraqi joint-stock companies - for investors.

The market said, in a statement received by (Al-Oula News), that “based on the regulatory regulation” trading in securities via the Internet – for investors, “and based on the approvals issued by the Securities Commission and the Board of Governors in the Iraqi Stock Exchange, and on the occasion of the completion of the implementation plan for the project of the trading system in companies’ shares.” The Iraqi shareholding listed via the Internet - for investors by the Carmel Brokerage Company with the Iraqi Stock Exchange and the success of the testing plan that the company carried out on electronic systems and cyber examination by an entity independent of the market and the company.

He added, "The online trading system for the shares of Iraqi joint-stock companies will be launched - for Go Life investors, starting from the session on Sunday 1/29/2023," stressing that "this step is one of the required development requirements in enabling shareholders and investors to buy and sell themselves using their stations." Or their smartphones through a trading application that meets the instructions and rules of electronic trading and central depository.

[6ly410]

in the document. Launching electronic trading on the Iraqi Stock Exchange

Today 16:24

 

With the document.. Launching electronic trading in the Iraq Stock Exchange | The information (almaalomah-me.translate.goog)

 

 

 

[6ly410]

 

Launching the first online financial trading system in Iraq

Posted 13 seconds ago

 

 

news source /Iraqi media news agency "INA"

Launching the first online financial trading system in Iraq - Iraq News (iraqakhbar-com.translate.goog)

Baghdad / M.A

Today, Monday, the Iraq Stock Exchange announced the launch of the Internet trading system for the shares of Iraqi joint-stock companies - for investors.

And the market stated in a statement received by (the Iraqi Information News Agency /), that “based on the regulatory regulation” trading in securities via the Internet – for investors “and based on the approvals issued by the Securities Commission and the Board of Governors in the Iraq Stock Exchange and on the occasion of the completion of the implementation plan of the system project Trading in the shares of Iraqi joint-stock companies listed via the Internet - for investors by the Carmel Brokerage Company with the Iraqi Stock Exchange and the success of the testing plan that the company carried out on electronic systems and cyber examination by an entity independent of the market and the company.

He added, "The online trading system for the shares of Iraqi joint-stock companies will be launched - for Go Life investors, starting from the session on Sunday 1/29/2023," stressing that "this step is one of the development requirements required to enable shareholders and investors to buy and sell themselves using their stations." Or their smartphones through a trading application that meets the instructions of electronic trading and central depository.

T/M.M

[6ly410]

Launching the system of trading the shares of Iraqi joint stock companies via the Internet - for investors.

Monday 19 , December 2022 17:00 |EconomicalViews: 244

Launching the system of trading the shares of Iraqi joint stock companies via the Internet - for investors. (ninanews-com.translate.goog)

Baghdad /Nina/ The Iraq Stock Exchange announced on Monday the launch of the system of trading the shares of Iraqi joint stock companies via the Internet - for investors. The market said in a statement, the online trading system will be launched in the shares of Iraqi joint stock companies - for investors Go Life as of Sunday's session 1/29/2023, stressing that "this step is one of the development requirements required to enable shareholders and investors to buy and sell themselves using their terminals or smartphones through a trading application that meets the instructions and rules of electronic trading and central depository.”

[6ly410]

Launching the first electronic platform for financial trading via the Internet

https://economy-news.net/content.php?id=31412

money and business
   

Economy News - Baghdad
Today, Monday, the Iraq Stock Exchange announced the launch of the Internet trading system for the shares of Iraqi joint-stock companies - for investors.

The market said in a statement, that it is "based on the regulation" trading in securities via the Internet - for investors "and based on the approvals issued by the Securities Commission and the Board of Governors in the Iraq Stock Exchange and on the occasion of the completion of the implementation plan for the project of the trading system for the shares of Iraqi joint-stock companies listed via the Internet – For investors by the Carmel Brokerage Company with the Iraq Stock Exchange and the success of the testing plan that the company carried out on electronic systems and cyber examination by an entity independent of the market and the company.

He added, "The online trading system for the shares of Iraqi joint-stock companies will be launched - for Go Life investors, starting from the session on Sunday 1/29/2023," stressing that "this step is one of the required development requirements in enabling shareholders and investors to buy and sell themselves using their stations." Or their smartphones through a trading application that meets the instructions and rules of electronic trading and central depository.

 

 

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Views 137

Added 12/19/2022 - 4:48 PM

Updated 01/24/2023 - 3:16 PM

[nannab]

Thank you 6ly for the updates 

[6ly410]

[screwball]

this is my broker and bank behind this, this is great news thanks @6ly410

[Officiallytook]

👀👀👀

[screwball]

If anyone wants to buy Iraqis shares head to Al Karmal….only takes a week to set up and buy 

[Rochester]

So, I don't trade stocks. Naïve question: if the Iraqi Dinar continues to be traded at a low rate internationally, and if people around the world are allowed to buy Iraqi stocks online, based on the current low exchange rate of the Iraqi Dinar, doesn't this mean the world will be able to buy up Iraqi stocks, for pennies on the dollar?

 

Question: why would Iraqis do that? Why would they allow foreigners to buy up their companies, for nothing?

 

Question: I heard elsewhere, this trading will begin, the end of January 2023. Is that true?

 

Question: If a float has to find the true value of the Iraqi Dinar internationally, doesn't that mean the government of Iraq has to float, has to find the true international value of the Iraqi Dinar, well before the end of January 2023? 

[screwball]

8 hours ago, Rochester said:

So, I don't trade stocks. Naïve question: if the Iraqi Dinar continues to be traded at a low rate internationally, and if people around the world are allowed to buy Iraqi stocks online, based on the current low exchange rate of the Iraqi Dinar, doesn't this mean the world will be able to buy up Iraqi stocks, for pennies on the dollar?

 

Question: why would Iraqis do that? Why would they allow foreigners to buy up their companies, for nothing?

 

Question: I heard elsewhere, this trading will begin, the end of January 2023. Is that true?

 

Question: If a float has to find the true value of the Iraqi Dinar internationally, doesn't that mean the government of Iraq has to float, has to find the true international value of the Iraqi Dinar, well before the end of January 2023? 

100% very valid questions and I believe the same…yes jan 29 2023 is when they launch their new online stock trading platform and Jan 1st I believe is when they launch their new foreign exchange trading system replacing the over the counter currency auctions. 

[screwball]

8 hours ago, Rochester said:

Question: why would Iraqis do that? Why would they allow foreigners to buy up their companies, for nothing?

They wouldn’t this usually happens at IPO stage of a stock launch…

[screwball]

The other questions is although they say, will they launch this feature at the end of Jan? Or will on,y Iraqis be able to buy? Who knows but it is exciting times.

Edited December 22, 2022 by screwball

[6ly410]

[screwball]

investors launches end of this month....

[screwball]

On 12/20/2022 at 4:00 AM, 6ly410 said:

The online trading system for the shares of Iraqi joint-stock companies will be launched - for Go Life investors, starting from the session on Sunday 1/29/2023,"

waiting.....