Home
Bourse signs agreement sophisticated trading system
06/30/2013 12:00 AM
BAGHDAD - شكران Fatlawi
said Executive Director of the Iraqi market for securities Taha Ahmed Abdul Salam al-Rubaie said in an interview for the "morning" that the stock future to become one of the leading markets in the Middle East and in the world through the development of mechanisms and systems of work and attracting investment securities to investors Iraqis and non-Iraqis pointing that past experience in the applications of electronic systems has proved its strength and its activities, and has been able to achieve the successes ongoing since 2009, he said. said Rubaie that the Iraqi market for securities and signed an agreement trading system X-stream with NASDAQ OMX in order to move to electronic trading system for IT information, pointing out that the agreement was made after studies and negotiations continued for several months ago after an analysis of the technical specifications through the study of the designs that were discussed by the Board of Governors and management of the market and the Securities Commission and brokerage firms and members of the Iraqi market for securities noting that the Transitional Programme X-stream will enable the exchange of proliferation and development capabilities of trading in line with international standards returned it step ambitious of the Iraqi market for securities to become an important center between the centers of global capital.
Rubaie added that the bourse will develop the electronic system of NASDAQ OMX in the Iraqi market (Horizon) with the latest system technology known as X-stream This Transitional expected to be completed in mid-2014. For its part, stated Head of Business Development in the Middle East and Africa, Michelle Carlson We are very proud to follow the activities positive for the Iraqi market for securities. pointed Rubaie to the participants in the celebration of the signing of the agreement both experts Company NASDAQ OMX and the Council Governors of the Iraqi market for securities and directors of departments of the Securities Commission and the Association of Securities brokers money in Iraq and responsible trading and clearing number of guests.
[You must be registered and logged in to see this link.]
