Iraq Stock Exchange signs agreement with US stock exchange on trading technology
Iraq Stock Exchange signs agreement with US stock exchange on trading technology
2019-07-18 09:30
The Iraqi market for Iraqi securities, Thursday, the signing of a new agreement with the US stock exchange on the technology of trading and deposit securities.
” NASDAQ and the Iraq Stock Exchange (ISX) have signed a new agreement to expand their technology relationships for the next five years starting from October 2019,” the market said in a statement received by Alsumaria News . “NASDAQ Will continue to license, support and maintain ISX systems and upgrade the next five years trading and deposit technology (CSD) technology. ”
“The use of NASDAQ technology is a positive signal for local and international investors and regulators that Iraq will step up its efforts to become an important financial center for securities trading ,” said Taha Ahmed Abdul Salam , chief executive of the market .
For his part, Managing Director , showed the Nasdaq region of the Middle East , Michelle Carlson , “through the next development and use of the latest Nasdaq technological techniques, ISX will join the stock market community in the area of the Middle East in the deployment of multi – trading high – quality technology assets in line with international standards, we look forward To support ISX while continuing to develop and innovate. ”
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