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German Delegation Led By Munich Stock Exchange’s Managing Director Jochen Thiel Visit Tehran Stock Exchange

Date 16/01/2016

Mr. Jochen Thiel, Börse München (Munich Stock Exchange)'s managing director visited Tehran Stock Exchange (TSE) on Sunday 10 January 2016. He was accompanied with Mr. Uto Baader, founder of Baader Bank, one of the largest brokerage houses and financial consultants in Germany, Dr. Reinhard Wienke, managing director of PDV Financial Software, and Mr. Stefan Kille, a German investor in Iran's capital market.

The delegates visited TSE's trading floor, and were briefed by the International Department about Iran's market, current status and future plans of the Exchange. Also, there was a meeting with Dr. Hassan Ghalibaf Asl, TSE's CEO. The German delegation expressed their interest in starting to introduce TSE's listed companies to German investors once the sanctions are shortly lifted, and elaborated their proposals for marketing these shares in Europe. Moreover, providing German trading software and transfer of the related technology to Iran were among other topics discussed about in the session.