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Securities: Baghdad Stock Exchange made a big help to the Stock Exchange of Erbil, Iraq will continue because one
Chairman of the Securities Commission Abdul-Razzaq al-Saadi
03/12/2014 10:02
Tomorrow Press / Baghdad: Iraq Stock Exchange confirmed that the Erbil Stock Exchange (Erbil) Stock Exchange, contracted with the company "AMEX NASDAQ" to help in the trading process, while between the operation depends on the number of companies listed in Arbil, the corporate market, he noted that Baghdad Stock Exchange made a big help to Arbil Stock Exchange and continue to do so because the Iraq Stock Exchange and one of Arbil have a direct connection with the effect of Baghdad Stock Exchange.
The head of the Iraq Securities Commission Abdul-Razzaq al-Saadi's "Tomorrow's Press," that "the Baghdad Stock Exchange made a big help to Arbil Stock Exchange and continue to do so because the Iraq-one stock Arbil have more direct contact and the impact with the Baghdad Stock Exchange," noting that "Arbil Stock Exchange recently contracted with AMEX NASDAQ company, one of the world's leading electronic trading companies, as well as a contract with a consulting firm, and there is good action by the stock market in order to start trading operations. "
He added that "not running Arbil Stock Exchange so far back to it so far, two two contributions has only been included in the trading process, and this is not enough certainly," adding that "the lack of inclusion of other companies to stock because the stock market law, which emphasizes the need to be listed companies are joint-stock companies, but most of what remains in the Kurdistan region are family-owned businesses, and this is not possible to include in the trading process in Erbil market. "
He said al-Saadi said "the operation of Arbil Stock Exchange depends on the number of companies to be included in the market and this is what working on Arbil Stock Exchange to persuade a number of companies as the Iraqi Stock Exchange in Baghdad also seek to include companies from Baghdad in Erbil Stock Exchange as it has branches in the region as well as that the Iraqi Stock Exchange seeks to include Erbil Stock Exchange trading directly with the Iraqi Stock Exchange at the same time until the final stability. "
The Kurdistan Regional Government in the year 2008 that the stock market will be the upcoming independent of Baghdad Stock Exchange, taking care to find understanding and agree to work between the two exchanges.
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Chairman of the Securities Commission Abdul-Razzaq al-Saadi
03/12/2014 10:02
Tomorrow Press / Baghdad: Iraq Stock Exchange confirmed that the Erbil Stock Exchange (Erbil) Stock Exchange, contracted with the company "AMEX NASDAQ" to help in the trading process, while between the operation depends on the number of companies listed in Arbil, the corporate market, he noted that Baghdad Stock Exchange made a big help to Arbil Stock Exchange and continue to do so because the Iraq Stock Exchange and one of Arbil have a direct connection with the effect of Baghdad Stock Exchange.
The head of the Iraq Securities Commission Abdul-Razzaq al-Saadi's "Tomorrow's Press," that "the Baghdad Stock Exchange made a big help to Arbil Stock Exchange and continue to do so because the Iraq-one stock Arbil have more direct contact and the impact with the Baghdad Stock Exchange," noting that "Arbil Stock Exchange recently contracted with AMEX NASDAQ company, one of the world's leading electronic trading companies, as well as a contract with a consulting firm, and there is good action by the stock market in order to start trading operations. "
He added that "not running Arbil Stock Exchange so far back to it so far, two two contributions has only been included in the trading process, and this is not enough certainly," adding that "the lack of inclusion of other companies to stock because the stock market law, which emphasizes the need to be listed companies are joint-stock companies, but most of what remains in the Kurdistan region are family-owned businesses, and this is not possible to include in the trading process in Erbil market. "
He said al-Saadi said "the operation of Arbil Stock Exchange depends on the number of companies to be included in the market and this is what working on Arbil Stock Exchange to persuade a number of companies as the Iraqi Stock Exchange in Baghdad also seek to include companies from Baghdad in Erbil Stock Exchange as it has branches in the region as well as that the Iraqi Stock Exchange seeks to include Erbil Stock Exchange trading directly with the Iraqi Stock Exchange at the same time until the final stability. "
The Kurdistan Regional Government in the year 2008 that the stock market will be the upcoming independent of Baghdad Stock Exchange, taking care to find understanding and agree to work between the two exchanges.
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