Structure of the Middle East’s capital market

The Securities & Exchange Council is the highest authority responsible for all related policies, market strategies, and market supervision in the Middle East. The Securities and Exchange Organization (SEO) is responsible for administration and supervisory duties...

Daily price fluctuation ranges on TSE and IFB

The range of price movements on TSE and IFB is typically restricted to 5% daily either way from last closing. Restriction on Rights is 10%. This can be changed in specific situations by the Board of the TSE or IFB in case of unusual price movements resulting in an...

Mutual fund’s unit issuance procedure

In fact, the fund’s unit’s issuance process is very simple and straightforward. On the following chart, you will find everything may be needed. Who exactly are recognized as foreign investors? Non-Iranians and Iranians who are living overseas. To be more specific, if...