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Neno's Place Established in 2006 as a Community of Reality


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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Securities: An advanced electronic system for trading bonds

    Rocky
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    • Post n°1

    Securities: An advanced electronic system for trading bonds Empty Securities: An advanced electronic system for trading bonds

    Post by Rocky Thu 31 Mar 2022, 5:00 am

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    [size=52]Securities: An advanced electronic system for trading bonds[/size]

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     Baghdad: Omar Abdul Latif

     The Securities Commission and the Iraq Stock Exchange are working on creating a highly advanced electronic system for bond trading, and at a time when the value of bonds listed in the market reached 2 trillion dinars, it warned against dealing with “fake” companies claiming to deal with the global stock exchange.
    The head of the commission, Hassan Al-Agaili, said: “The bonds were offered more than once, the last of which was when the Central Bank offered construction bonds, and the commission’s approval was obtained for its inclusion in the Iraqi Stock Exchange and it is negotiable,” noting that “trading in them as bonds is still weak due to the lack of definition of them.” and marketing.”
    He added, "The authority and the market are working to create a highly advanced electronic system through a sound and highly developed electronic legal environment for bond trading, to be a great opportunity to invest in funds that are guaranteed profits and free of risk."
    Al-Ugaili confirmed that "the bonds issued last year are listed on the Iraqi Stock Exchange, and are ready to list any new issues," noting that "their value is 2 trillion dinars." He explained that "there is the phenomenon of companies claiming to deal with global stock exchanges, and they are absolutely not licensed by the Commission, and it is not permissible in Iraqi law to permit this activity, and their work involves great danger." He added that "some investors whose money was lost, submitted complaints to the authority, and it was able to take legal measures against the persons claiming to own these companies, and some of them were issued judicial rulings after cooperation by the authority and the National Security and Intelligence agencies," noting that "the means of communication are full of advertisements from these institutions, which are (( fake) because it is not licensed, and some state institutions even use their platforms to advertise these companies, such as malls and sports stadiums.”

     Editing: Mustafa Ibrahim
    Disclaimer: All published articles represent the opinion of its authors only[/size]
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