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Chairman SEO at the Opening Ceremony of Kish INVEX 2018

Trading Various Agricultural Products, Petrochemicals and Basic Metals on IME

At the opening ceremony of Kish INVEX 2018, chairman of the Securities and Exchange Organization (SEO) stated that Iran Mercantile Exchange’s transactions are of great diverse. In recent years, the IME played pivotal role in the agricultural sector of economy especially in products such as wheat, maize and saffron.
Trading Various Agricultural Products, Petrochemicals and Basic Metals on IME

According to the report by the IME’s international Affairs and PR, Shapour Mohammadi said moreover petrochemicals and basic metals are traded on IME that has significant importance for the economy.

The secretary general of Securities & Exchange High Council added that financial instruments such as the gold coin futures contract are one of the most important achievements of the IME which is unique in the world.

He said that currently four exchanges are active in the country, including two companies in the field of stock exchange and two companies in the field of commodity exchanges that the lesser the countries experience their coordinating presence alongside each other. In terms of the diversity of the exchanges, the Iran’s capital market has made great progress.

He added: "Currently, there are 590 companies listed in Tehran Stock Exchange and Iran Farabourse OTC market which is a good figure in proportion to many countries. These companies operate in 40 fields and industries, the most important of which are petrochemicals, banks, mines and metals.”

Author: International Affairs and PR

ID: 50070438

Published on: Tuesday, October 23, 2018 19:00

Source: IME

View count: 13

Saturday, November 17, 2018 20:28

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