Acceptance of 8 new cars in the commodity exchange / Which cars and when will they be released?

According to Tejarat News, on the morning of June 18, while Dignity and Fidelity buyers were waiting for the start of trading of 430 cars, the Iran Commodity Exchange Company announced that the sale of cars in the Commodity Exchange will be suspended by the order of the Ministry of Security.

According to this letter, based on the approvals of the 63rd meeting of the Supreme Economic Coordination Council in October of last year, the responsibility of regulating the automobile market is the responsibility of the Ministry of Security and it will be done with the coordination of the market regulation headquarters.

This supply was stopped while the order registration for this number of cars started from June 11 and continued until the day before the transactions. In fact, the customers had seven days to register their treatment and some money was deposited as an advance payment! But suddenly and only half an hour before the operation, this supply was canceled.

However, after on July 19 this year, the vice president of operations and market supervision of the commodity exchange announced the review of the sale of cars on the stock exchange in the Supreme Council of the Stock Exchange and said that if the council gives a definite approval, the car will be sold on the stock exchange. Finally, the necessary approvals were obtained and the car is going to be offered on the commodity exchange.

Which cars are offered in the stock market?

Bahman Group announced its readiness to release 600 Fidelity and Dignity cars on August 26th, in the latest news of Saipa Automotive Group, it announced its readiness for release in the fourth week of August.

On the other hand, Sapia had also announced that it plans to sell Shahin cars on the stock market. Of course, Shahin was admitted to the commodity exchange on March 24 of last year.

Iran Khodro announced that it will offer Haima cars on the commodity exchange. In the announcement of Iran Khodro, it is stated that Iran Khodro Industrial Group has taken action to sell cars on the commodity exchange with the aim of clarifying the sale of products and gradually eliminating the lottery. In the first step, a part of the production of two Heima S5 and S7 models will be sold in this way.

When can you buy a car from the commodity exchange?

Commodity exchange announced the time of registration of car order in an announcement. According to the latest letter from the Director of Inspection and Member Affairs of Commodity Exchange; It is possible to place an order for a car for sale on August 26 until 17:00 days before the transaction (Tuesday, August 25). On August 26 (Wednesday of this week), two products of Bahman Group, Fidelity and Dignity, will be released on the stock exchange.

Saipa Group has also announced its readiness to launch the Shaheen product and Iran Khodro is taking the necessary steps to accept two Hayma models in the stock market.

8 new cars were accepted in the commodity exchange

Yesterday, in the meeting of the acceptance board of the Iran Commodity Exchange, Haima cars in two models S7 and S5 from Iran Khodro Group, Lamari Ima from Arin Pars Motor Group, Dayon y5 from Ilia Automotive Group, two-cabin Capra van from Bahman Motor Group, 6 ton trucks Faw Tiger (Tiger V) and CA4180 single-axle tractor from Sibamotor Group, Force and Empower trucks from Bahman Diesel Group were 8 new car products from six automotive groups that were accepted in the Iran Commodity Exchange.

How to buy a car?

Applicants to buy these cars in the commodity exchange must first obtain the transaction code of the commodity exchange. Applicants go to one of the authorized brokers and receive the stock exchange code online or in person. Of course, they must have registered and authenticated in the Sejam system before.

After obtaining the commodity exchange code, applicants must open a representative account. A representative account is an account that allows the commodity exchange to withdraw from that account after the buyer participates in the competition process and purchases the goods, and thus the settlement process is carried out.

Any person who wants to physically buy a car or any other product from the stock exchange must have a proxy account. The important thing is that this representative account is completely different from the account at the disposal of the stock exchange. People who trade in the futures market of the commodity exchange must also buy a proxy account.

To buy a car, 30% of the base price of the car must be available in the buyer’s proxy account. In this way, when the order is placed, this amount is blocked in the proxy account until the auction process is completed.