The latest status of launching the core of local stock exchange transactions
According to Tejarat News, Ruhollah Dehghan, CEO of the Exchange Technology Management Company, emphasized that steps have been taken to increase the capacity of the trading system since the beginning of the peak of the capital market. It is much higher and maybe more than 10 times the capacity of the French system in this system, which is due to the developments that have been done on the system.
He added: “It should be noted that any information technology-based system can be expanded and developed to some extent and can cover a certain amount of capacity. We raised.
The CEO of the Stock Exchange Technology Management Company continued: “With the local trading system, we can cover higher capacities.” This system has already been produced and its work has been finalized since June of this year, but the operation of this system requires the participation of the Exchange and the country’s stock exchanges, ie the Tehran Stock Exchange and the OTC Stock Exchange.
Dehghan emphasized that in order to operate the system, the participation of the mentioned institutions is needed, he explained: In any case, trading symbols should be transferred to this system and the management of trading symbols is in the hands of stock exchanges and the stock exchange organization. In this regard, we have done the necessary correspondence with the organization and we are waiting for the decision of the organization to determine how to use the system, because the organization must decide which symbols to be transferred to the new system.
He continued: “In fact, no decision has been made yet in the stock exchange organization and stock exchange and over-the-counter companies and it has not been announced to the technology management company so that we can take action for exploitation.” It is predicted that after the contractual processes and decision making, we will need six months to load the system.
Source: ایسنا
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