The Stock Exchange announces the launch of the electronic query system
The Stock Exchange announces the launch of the electronic query system
26/07/2018
Baghdad
The Iraqi Stock Exchange announced on Thursday that it will launch early next month a system of information services on trading and shareholder balance through an electronic system, which will contribute positively to investors and shareholders.
“In cooperation with one of the specialized Iraqi companies, they will launch a system of trading and shareholder information services, which will reflect positively on investors and shareholders,” a market statement received by Trend said.
“The system, which will be launched early next month, will enable participating investors to receive sales notices and purchase notices as soon as they are implemented during the session online.”
The statement added that “notices of sale and purchase will remain after the completion of the settlement process at the end of the trading session in securities, in addition to receipt of notices of deposit of shares and the launch of trading and inheritance and assignment carried out by the shareholders in securities as well as the notifications of the process of capital increase when approved by the shareholding company And other services of interest to shareholders. ”
The statement added that “the Iraqi market for securities will organize an introductory workshop before the launch of this system for stock brokerage companies and shareholders to identify the types of services and mechanism of participation.”
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