The addition of 3 new indicators to the OTC / Will the transparency of transactions increase? – Tejarat News
According to Tejarat News, it has been several weeks since the stock market situation has improved and we are witnessing the growth of transactions. It is true that in the last week, the news and rumors made the capital market not in good conditions, but still the return of most of the market shares is positive.
A review of over-the-counter transactions also shows that this market is also going through a good situation; According to Majid Eshghi, the head of the stock exchange organization, three new indices are now going to be added to the exchange, which seems to increase transparency.
Currently, the capital market is the most transparent market, and the addition of three new indices to OTC can attract the trust of shareholders more than before. Currently, the statistics of OTC base market transactions are not calculated on the index, and the addition of the new index can make the market more transparent than before, and this transparency will also help to increase the confidence of shareholders.
Three new indices in OTC
Eshghi stated in this regard: According to the planning, the approval necessary for the calculation and publication of three new indices in the OTC market was obtained from the index committee.
He said: According to the latest decisions made by the index committee, it was decided to implement the calculation and publication of three indices of equal weight, total price and equal weight of price in the OTC market.
The head of the stock exchange organization stated: Due to the need for technical arrangements, this decision will be implemented approximately in the coming days and the three mentioned indicators will be publicly reflected and published on the technology management website (tsetmc.ir).
Referring to the necessity of diversification of indices in the capital market, Eshghi said: There was only one index in the over-the-counter market (total over-the-counter index), but by calculating and publishing new indices, activists can analyze and evaluate the over-the-counter market with more metrics.
He added: Due to the concentration and heterogeneity of the market value of the publishers present in the over-the-counter market, there was a need to have access to more diverse indices than equal-weight indices, which happened with the decision of the index committee.
The head of the Securities and Exchange Organization stated: The formula and concept of the new over-the-counter indices are similar to their counterparts in the Tehran Stock Exchange.
Increasing transparency in transactions
Ahmad Ishtiaghi, a capital market expert, said in a conversation with Tejarat News: “Currently, the stocks of the base market are not calculated on the index, and considering the status and volume of transactions in this market, maybe they are looking to add the base market to the index.”
He added: “Adding a new index can change the trading process and inject more transparency into the market.”
It seems that with the increase in transparency in transactions, we will witness the arrival of new liquidity and the increase of shareholders’ confidence in the capital market as a whole.
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