The government has not interfered in the stock market – Tejaratnews
According to Tejarat News, Majid Eshghi pointed to the recent fluctuations of the stock index in the market and added: the issue related to the infrastructure in the field of stock exchange transactions, which were very slow, caused the market to be in a deplorable situation in 2019, but now the relevant systems They have been accompanied by development and we will no longer face any problems in this field.
He emphasized on the development of monitoring systems in the stock market and said: the systems were developed in such a way that different monitoring algorithms were implemented, now these systems have become intelligent and whatever happens in the market will be instantly informed to the market supervisor so that Take necessary measures to prevent violations.
Eshghi pointed to the support given to the stock market and stated: Now the funds for the development and stabilization of the capital market are associated with very favorable conditions, while these funds did not have such good conditions in 2019.
The head of the stock exchange organization announced: Now there are good shares in these funds, and the market management funds will enter part of the resources from the sale of their shares into the production cycle of the companies.
According to him, another activity that is on the agenda is the review and identification of projects that are capable of public offering.
Eshghi emphasized: In 2019, the money entered into the stock exchange was circulating only inside the market, now there have been changes in this field, and every money that enters the market through market management funds, fixed income funds, and stabilization and development funds is cycled. They return to their original state.
Dealing with fake teachers in cyberspace
The head of the stock exchange organization pointed to the plans of the stock exchange organization to deal with fake teachers in cyberspace and said: “Some may be looking for projecting shares in cyberspace and activating the virtual space channel.”
Emphasizing that the market is attractive and investors are looking for a choice, he added: For this choice, they may look for people who do not have any license.
Eshghi continued: We started an activity in this field and we are trying to monitor the channels in the virtual space, and now this action is being carried out with the cooperation of relevant institutions.
The head of the stock exchange organization pointed to the organization’s dealings with cases of violations and said: Now, due to the development of supervisory systems, it is possible to quickly identify and deal with issues related to the manipulation of shares, prices, and providing unlicensed advice. May they be a deterrent.
He stated: “Unfortunately, the violation cases of 2018, when the growth of the market started, have not yet been dealt with and the cases are still undecided in the courts, this has caused the market to have no idea of dealing with such violation cases.”
In response to the talk of some market activists about government manipulation in stock market transactions, Eshghi announced: The government has not manipulated the market in any way, one of our cares has been to ensure that the government does not interfere in the market, which is successful in this field. we did.
In the end, the head of the stock exchange organization said: Now only stabilization and development funds are operating in the market, their performance is transparent and their performance is according to the regulations that have been set for them.