Posts Tagged ‘Security (finance)’

30d130786c46ff17915cce908927d11d30-06-2013 10:40 AM

Baghdad (newsletter). Economist Ismail said Radi, the Convention concluded by the Iraq market for securities with the NASDAQ stock market will contribute to the development of its trading system.

He said content (News Agency): the Iraq market for securities with an urgent need to develop its work through the use of modern technology systems, hiring discreet international institutions specialized in developing the work of global exchanges.

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Iraqi market for securities
Iraqi market for securities uses Bnazdak to make it a financial center on the regional and global level

06/29/2013 16:07

The Foundation signed a NASDAQ Global Market, on Saturday, an agreement with the Iraqi market for securities to develop the system work in business dealings, and showed institution that the agreement includes replacement of the stock market Iraqi its system current ones will make it a platform for stock trading fast and sophisticated at the global level, as confirmed by local officials that partnership with the NASDAQ will make Iraq a financial center for all commercial activities of regional and global markets.

He said the first deputy chairman technology stock market in an institution NASDAQ Lars Ottarsgard in an interview for إنفستر news economic and briefed him (range Press), “The Corporation NASDAQ NASDAQ Global Stock Exchange and headquartered in New York and signed with the Iraqi market for securities ISX agreement to develop the system work the Iraqi market, the current business dealings and congratulate the Iraqi stock market on their pledge to develop their commercial system to occupy their place at the forefront of the market based on modern technology in the Middle East

He Oter Sgaard that “according to the terms of the agreement Vstqom stock market Iraqi replace its system of current ones backed technology company X-Stream X-Stream Technology of the NASDAQ, as will be the introduction of developments technological modern stock market in mid-2014,” noting that “the updates that Stdkhalha technology X Stream on the Iraqi stock market system will make it a platform for business transactions fast and sophisticated, which will increase to attract investors in the Middle East and the global level. “

For his part, said Michelle Carlson, head of business development for the Middle East and North Africa in the NASDAQ “We are very proud بتقديمنا Technology X-Stream modern to support the development of the stock market of Iraq to become a market recognized brand in the region and be the station to attract investors to local and international alike.”

In turn, the director of the Iraqi market for securities Taha Abdul Salam said that “the market’s administration is committed to making it one of the most bourses Tjaddeda and active in the Middle East and across the world,” noting that “the modernization and development of the system our commercial technological with the survival of our continuing partnership with the NASDAQ is a clear indication for investors The stock market dealers that Iraq will continue to be the financial center of all activities of regional and global trade. ”

He said Abdul Salam that “the process of modernization and according to the technology company X-Stream X-Stream will provide the Iraqi market for securities most modern techniques of technology stock trading in accordance with the international standards and the adoption of this technology is a step in an ambitious market Iraqi Stock Exchange to become a point of attraction in the Middle East capable of hosting and facilitate other regional Alasouk activities. ”

During a period of less than ten years the proportion of stock trading business in the Iraqi Stock Exchange tenfold expectations of sales of shares to more than $ 1.2 billion during the year 2013 while the increased market capitalization seven-fold during the same period to reach more than 12.170 billion dollars in the first six months in 2013 only.

The technology NASDAQ X-Stream currently used in more than 25 exchange in the world market.

And the market for securities Iraq three branches in Baghdad and Erbil, Najaf and the latter opened in the seventh month of January 2013.

It is noteworthy that the Iraqi market for securities, which was established in June 2004, which was founded and was following a manual trading prior to the adoption of electronic trading in part on 19 April 2009, and then fully in the year 2010, and traded in the market dozens of companies specializing in sectors including banking, industry , hotels, tourism, agriculture, and the number of sessions the market in the year 2010.236 session, during which trading of more than 256 billion shares worth more than $ 339 million through the implementation of 71 thousand a decade, and in 2009 the number of sessions the market 152 a session, it was a circulation of about 211 billion shares valued at 307 million dollars through the implementation of the 49 thousand contract.

 

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23-05-2013 11:02 AM

Baghdad (newsletter). Financial expert called on behalf of Hadi al-Tamimi, the need to legislate a new law on securities market regulation, stressing the importance of access to the Iraqi market for securities to the world for the purpose of activation.

He said Al-Tamimi (News Agency): the current securities law conflict with other economic laws is needed to bring new legislation by the House to regulate the market and attract businesses. (more…)

Iraqi market for securities greets the third anniversary of the start of electronic trading
13/05/2012 13:36

Erbil, May 13 (Rn) – revived Iraqi market for securities, Sunday, the third anniversary of the start of electronic trading, where he praised the President of the Board of Governors of the market awareness of the investment which contributes to the creation of investment activity for the community through the availability of the correct behavior. According to a statement of the market. (more…)

Auction number HY39 of government debt securities was a uniform price auction for IQD 100,000,000,000 par value of bills which  concluded on 16-04-2012.

Total public  IQD 170,400,000,000 Valid competitive bids totaled IQD 168,400,000,000 and valid non competitive bids totaled IQD 2,000,000,000 and The cut off yield (the highest yield of a successful bidder) determined by auction was 5.80%. (more…)

The auction No. C56 for Central Bank of Iraq bills based on a uniform price auction for IQD 150’000’000’000 par value for the bills  concluded on 10-4-2012.

The total public bidding is IQD 263’500’000’000 and the cut-off yield (the highest yield of the  successful bidder) determined by the auction was 5.00%. (more…)

Auction number HY38 of government debt securities was a uniform price auction for IQD 100,000,000,000 par value of bills which  concluded on 19-03-2012.

Total public  IQD 237,100,000,000 Valid competitive bids totaled IQD 236,100,000,000 and valid non competitive bids totaled IQD 1,000,000,000 and The cut off yield (the highest yield of a successful bidder) determined by auction was 6.40%. (more…)

The auction No. C54 for Central Bank of Iraq bills based on a uniform price auction for IQD 150’000’000’000 par value for the bills  concluded on 13-3-2012.

The total public bidding is IQD 270’000’000’000 and the cut-off yield (the highest yield of the  successful bidder) determined by the auction was 5.30%. (more…)

The auction No. C53 for Central Bank of Iraq bills based on a uniform price auction for IQD 150’000’000’000 par value for the bills  concluded on 28-2-2012.

The total public bidding is IQD 292’500’000’000 and the cut-off yield (the highest yield of the  successful bidder) determined by the auction was 5.10%. (more…)

Auction number HY37 of government debt securities was a uniform price auction for IQD 100,000,000,000 par value of bills which  concluded on 20-02-2012.

Total public  IQD 163,000,000,000 Valid competitive bids totaled IQD 162,000,000,000 and valid non competitive bids totaled IQD 1,000,000,000 and The cut off yield (the highest yield of a successful bidder) determined by auction was 7.00%. (more…)

The auction No. C52 for Central Bank of Iraq bills based on a uniform price auction for IQD 150’000’000’000 par value was concluded on the 14-2-2012.

The total public bidding is IQD 426’000’000’000 and the cut-off yield (the highest yield of the  successful bidder) determined by the auction was 5.30%. (more…)

Declared the Iraqi market for securities, Saturday, from trading in more than 24 billion shares traded amounted to a value of more than 41 billion dinars during the month of January and an average of five sessions per week.

And trading of the market during the month of January 24 billion and 473 million shares worth trading reached 41 billion and 186 million dinars, the equivalent of $ 34 million a session low by 32.4 percent from last December, while the number of companies traded 59 companies out of 87 companies listed electronically in the market. (more…)

The auction No. C52 for Central Bank of Iraq bills based on a uniform price auction for IQD 150’000’000’000 par value was concluded on the 14-2-2012.

The total public bidding is IQD 426’000’000’000 and the cut-off yield (the highest yield of the  successful bidder) determined by the auction was 5.30%. (more…)

12/02/2012 12:11:00

The Iraqi News Agency Independent / Baghdad / a. M … Consider a government official that the Iraqi banking sector is not efficient because the banks are not the facilities and the rest of the banking operations

The head of the Securities Commission Abdul Razzaq al-Saadi of the reporter (and independent Iraqi news agency) that Iraqi banking sector is inefficient, and banks are not the facilities and the rest of the banking operations and lacks the necessary possibility of lending for the purposes of development and in turn the expected

And that Saadi Work in the securities needed to settle cash in banks, Valtpadl in the Iraqi market for securities sale and purchase is according to two phases, the transfer of ownership of the stock from person to person and place in center of deposit of Iraq and against which there must be pay in cash to the buyer pays Vestelm seller at the same time and this BIS is in cash. ” (more…)

The auction No. C51 for Central Bank of Iraq bills based on a uniform price auction for IQD 150’000’000’000 par value was concluded on the 31-1-2012.

The total public bidding is IQD 401’000’000’000 and the cut-off yield (the highest yield of the  successful bidder) determined by the auction was 5.50%. (more…)

Auction number HY36 of government debt securities was a uniform price auction for IQD 100,000,000,000 par value of bills which  concluded on 23-01-2012.

Total public  IQD 241,000,000,000 Valid competitive bids totaled IQD 240,500,000,000 and valid non competitive bids totaled IQD 500,000,000 and The cut off yield (the highest yield of a successful bidder) determined by auction was 7.50%. (more…)

The Central Bank of Iraq issues CBI bills and has adopted a mechanism that will be applied periodically. The results will be announced at 11 am after the closing time of the auction which is at 10 am.

The auction No. C50 for Central Bank of Iraq bills based on a uniform price auction for IQD 150’000’000’000 par value was concluded on the 17-1-2012.

The total public bidding is IQD 184’500’000’000 and the cut-off yield (the highest yield of the  successful bidder) determined by the auction was 5.90%. (more…)

The Central Bank of Iraq issues CBI bills and has adopted a mechanism that will be applied periodically. The results will be announced at 11 am after the closing time of the auction which is at 10 am.

The auction No. C49 for Central Bank of Iraq bills based on a uniform price auction for IQD 150’000’000’000 par value was concluded on the 3-1-2012.

The total public bidding is IQD 281’000’000’000 and the cut-off yield (the highest yield of the  successful bidder) determined by the auction was 6.00%. (more…)

Resumption of trading sessions in the Iraqi market for securities

On: Tue 03/01/2012 7:15

The executive director of the Iraqi market for securities Taha Ahmed Abdul Salam, said the trading sessions in the market will resume from Tuesday night after a hiatus of more than ten days.

He added, according to Abdel-Salam, “news agency Uzmatk” The circulation has been the participation of 85 companies included in the regular trading sessions in the market, representing trades for investors realized the Iraqis and non-Iraqis. (more…)

The Iraqi market for securities to its end this year

24/12/2011

Governing Council of the Iraqi market for securities as a session on Tuesday last session deliberative on the occasion of the end of the fiscal year, noting that the first trading session in the new year 2012 will be on Sunday the first of January.

An official source in the Council: that the general index of the Iraq market Securities made an outstanding achievement at the level of raising the value of the overall financial and attract companies, where they were during the course of trading to include shares of 87 companies listed electronically within the sectors of banking, industry, agriculture, insurance, investment, hotels and services also recorded the Iraqi Stock Exchange in the session the market during this year, the highest ratios with 134.57 points. . (more…)

The auction No. C48 for Central Bank of Iraq bills based on a uniform price auction for IQD 100’000’000’000 par value was concluded on the 20-12-2011.

The total public bidding is IQD 237’000’000’000 and the cut-off yield (the highest yield of the  successful bidder) determined by the auction was 5.50%.

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The auction No. C47 for Central Bank of Iraq bills based on a uniform price auction for IQD 100’000’000’000 par value was concluded on the 07-12-2011.

The total public bidding is IQD 300’000’000’000 and the cut-off yield (the highest yield of the  successful bidder) determined by the auction was 6.00%. (more…)

The auction No. C46 for Central Bank of Iraq bills based on a uniform price auction for IQD 100’000’000’000 par value  for the bills concluded on the 22-11-2011.

The total public bidding is IQD 240’000’000’000 and the cut-off yield (the highest yield of the  successful bidder) determined by the auction was 6.50%. (more…)

Auction number HY34 of government debt securities was a uniform price auction for IQD 150,000,000,000 par value of bills which  concluded on 31-10-2011.

Total public  IQD 120,720,000,000. Valid competitive bids totaled IQD 119,700,000,000 and valid non competitive bids totaled IQD 1,020,000.000 and The cut off yield (the highest yield of a successful bidder) determined by auction was 9.30%. (more…)

The auction No. C45 for Central Bank of Iraq bills based on a uniform price auction for IQD 100’000’000’000 par value  for the bills concluded on the 25-10-2011.

The total public bidding is IQD 170’000’000’000 and the cut-off yield (the highest yield of the  successful bidder) determined by the auction was 7.00%. (more…)

BAGHDAD / with said expert financial Hana al-Samarrai said the lack of government support for the Iraqi market for securities and for the lack of development, as it must be a financial market mirror of the economic situation in terms of fiscal and monetary policy.

She Samarrai told the future (and) that “the reasons for the decline the stock market is floundering investors in the market and the lack of investment objectives are clear and lack of awareness of some investors, as well as the main reason is lack of government support. ”

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The auction No. C44 for Central Bank of Iraq bills based on a uniform price auction for IQD 100’000’000’000 par value  for the bills concluded on the 11-10-2011.

The total public bidding is IQD 180’010’000’000 and the cut-off yield (the highest yield of the  successful bidder) determined by the auction was 7.50%. (more…)

14/05/2011

BAGHDAD – morning
Issued by the Center for the filing of Iraq in the Iraqi market for securities first annual report for the year 2010 as one of the Pttlebatt disclosure and transparency. The report included an overview of the establishment of the center to complement the requirements of electronic trading and when you use a central filing system has been laid on securities (share certificates) paper and replace it with the paper electronic commerce through the establishment of a register of shareholders.

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