- According to Dr. Fetanat, as the head of Securities and Exchange Organization of Iran, Iran’s application to join IOSCO has been processed and finalized. Besides, SEO has been invited to submit its dependent membership application at the next meeting of IOSCO in Peru. Established in 1983, the International Organization of Securities Commissions (IOSCO) is an association of organizations that regulate more than 95% of the world’s capital markets, whose members are from over 100 countries. In addition, its role is to assist its members to promote high standards of regulation and act as a forum for national regulators to cooperate with themselves and other international organizations. IOSCO is structured into different committees, including the Executive Committee, the Technical Committee and the Emerging Markets Committee; its members meet several times per year at different locations and its permanent secretariat is based in Madrid, Spain. Joining this organization will facilitate and accelerate Iran’s capital market internationalization, as one of the major targets of the SEO.
- Relying on the statistics of the previous Persian calendar year in 243 trading sessions, the TEDPIX ended in the green in 142 days and turned red in 101 sessions. In such sessions, individual and institutional investors bought 49.5% and 50.5% of shares and rights in the market, respectively while the figures show that 46.2% and 53.8% of sales have been conducted by individual and institutional investors, correspondingly. Besides, 87,991,787 bonds, worth $2,492 mn, changed hands demonstrating 461% and 453% rise in terms of number and value.