Tehran Stock Exchange Targeting For A Year To Come - Exchange’s CEO Underlined Derivatives Market Development, Improving Exchange’s Liquidity, And Expanding Instruments As The Main Objectives For The Next Year

“We have been targeting and planning to improve our market’s liquidity, increase its transparency and range of investable instruments to help our local enterprises’ financing”, announced Dr. Hassan Ghalibaf Asl, Tehran Stock Exchange’s CEO as the main objectives for the next Iranian year, starting 21 March 2017.

He added that initial offerings of 20 new companies will be in the Exchange’s agenda after being listed at TSE, as well as listing 10 ETFs and construction funds. Issuing foreign currency bonds will be another plan to further diversify instruments in Iran’s main securities exchange.

“TSE’s equity trading system needs to be upgraded and on that account, a signed contract with a European partner will be implemented”, emphasized Dr. Ghalibaf Asl. The Exchange’s executive also informed they will move into TSE’s new premises in the next year.