07/22/2012
The head of the Board of Governors of the Iraqi market for securities Laith al-Tamimi was sentenced to adopt the system custodian end of this year.
Tamimi said in an interview / JD / that this system is one of the latest systems used in international stock markets, which helps to turn the circulation and expansion in the volume of money invested in the market, because it is a system that works to secure the funds of investors.
He noted that the preparations for the adoption of this system in the final stages.
We have added contacts with the global financial centers in order to contract for application instructions custodian, indicating that most of the countries in the world do not allow trading in financial markets if they do not have so they can be the application of this system.
The Iraq Stock Exchange works to build advanced systems that help to attract funds, companies and investors to raise the volume gradually commensurate with the aspirations of the country’s economic revival and wide.
