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Info on oil customers at Iran Stock Exchange kept secret

Oil&Gas Materials 26 October 2018 16:21 (UTC +04:00)

Tehran, Iran, Oct.26

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Foreigners invested $2200 billion in Iran's capital market, the head of Iran's Security and Exchange Organization (SEO) Shapour Mohammadi said.

"The figures show Iran has succeeded in attracting foreign investors despite the claims of western media," he said.

Pointing to details of offering Iran's oil via the stock exchange, he said that the Stock Exchange has the ability to keep the customer information who completes the purchase of oil, confidential until the last minute.

“The information of those who compete in the trading list for the purchase of crude oil will be kept secret,” he said.

“One of the main duties of the capital market is the maintenance of customer information. The information of all those who buy oil via the exchange will be protected. This is a legal procedure, and we keep this procedure for shareholders as well,” said Mohammadi.

“There is no limit for those who are new to this market,” he said.

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