Nov 09 2008 |
more articles from
|
Post Company to Join Bourse
The government has agreed to offer the shares of Iran Post Company in the bourse, disclosed the company's managing director.Mohammad Hassan Mohebbian also said that articles of association of the post company would be prepared by March 2009, Inn.ir reported.
"The company aims to join bourse in the specified timeframe and prepare the conditions for establishing the second operator of the country's post network," he said.
He further said that electronic post has doubled the number of mails.
"Per capita parcel post for each Iranian stands at 15 per annum," he said, predicting that the figure would rise to 17 with the promotion of postal services.
Meanwhile, Tehran Stock Exchange (TSE) has embarked on an ambitious modernization program to ensure greater market transparency and attract further domestic and foreign investors.
Concrete measures have been taken in the planning and operations of the stock exchange such as the settlement system, geographical expansion and new exchange laws to attract local and foreign capital. TSE is a full-fledged member of World Federation of Exchanges and a founding member of Federation of Euro-Asian Stock Exchanges.
The TSE is solely an order-driven market and all transactions are executed under the principles of open auction.
Trading takes place in an order-driven system, which matches buying and selling orders of investors.
Investors can place orders with TSE 's accredited brokers, who enter these orders into the trading system. Then, the system automatically matches buy and sell orders of a particular security based on the price and quantity requirements.
Zawya Comment Policy
-
Zawya encourages you to add a comment to this discussion. You agree that when you add content to this discussion your comments will not:
1.1 Contain any material which is libelous or defamatory of any person, is obscene, offensive, hateful or inflammatory or causes damage to the reputation of any person or organisation.
1.2 Promote sexually explicit material, violence, discrimination based on race, sex, religion, nationality, disability, sexual orientation or age or any illegal activity.
1.3 Be made in breach of any legal duty owed to a third party, such as a contractual duty or a duty of confidence.
1.4 Be threatening, abuse or invade another's privacy, or cause annoyance, inconvenience or needless anxiety.
1.5 Be used to impersonate any person, to misrepresent your identity or affiliation with any person, or be likely to deceive any person.
1.6 Give the impression that they represent Zawya.
1.7 Advocate, promote or assist any unlawful act such as (by way of example only) copyright infringement or computer misuse. - The content posted on www.zawya.com is created by members of the public. The views expressed are theirs and unless specifically stated are not those of Zawya. Zawya reserves the right to review all comments prior to posting and edit or delete any contribution, but Zawya is not responsible for and can not be held liable for any content posted by members of the public on www.zawya.com.
- Zawya is not responsible for the availability or content of any third party sites that are accessible through www.zawya.com. Any links to third party websites from www.zawya.com do not amount to any endorsement of that site by Zawya and any use of that site by you is at your own risk.
- By submitting your comment, you hereby give Zawya the right, but not the obligation, to post, air, edit, exhibit, telecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comments worldwide, in perpetuity.
Copyright © 2012 Zawya Ltd. All rights reserved. |
provided by www.zawya.com |
Post Your Comment