TEHRAN, Iran, June 22
Trend:
Head of Iran's Securities and Exchange Organization (SEO) Hassan Qalibaf said that in the first three months of the current Iranian year (started on March 20) the volume of liquid assets injected into the Tehran Stock Exchange reached $12 billion.
"Part of the recent attraction of the people to Stock Exchange is due to the media, which has been helped the stock market move towards further development,” Qalibaf said at a press conference, Trend reports citing IRNA.
"Increasing the financing capacity is one of the programs of the SEO, along with another program which deals with providing the possibility of issuing unsecured securities in the market for companies that have a high ranking level,” he said.
He went on to say that promoting the international position of the Tehran Stock Exchange is one of the SEO`s programs for the current year.
Qalibaf emphasized that controlling and monitoring risk, amending laws and regulations, and creating the right technical infrastructure for the capital market and developing technology are among the most important issues which SEO is going to deal with.