Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Tehran Stock Exchange Would Buy 20 Percent Of The Share Of The First OTC Market Corporation

Date 17/03/2008

Securities and Exchange High Council as highest supervisory authority in the Iranian capital market issues the permission for launching the first OTC market. According to this permission, OTC market should be established as a corporation and Institutional Investors such as banks, holdings, and financial intermediaries can participate in establishing it.

Natural investors and Tehran Stock Exchange each one can hold 20 percent of the share of OTC Corporation.