The stock exchange organization increased the credit coefficient of brokerages – Tejaratnews
According to Tejarat News, based on the resolution of the capital market risk monitoring committee, the increase in the adjustment factor of the shares accepted in the Tehran Stock Exchange and the first and second markets of Iran’s over-the-counter exchange was updated and announced.
With the approval of the Capital Market Risk Monitoring Committee of the Securities and Exchange Organization, the guidelines for the credit purchase of securities in the Tehran Stock Exchange and the Iran OSE were amended.
According to this decree, the adjustment coefficient of the securities included in the guarantee account of credit customers (the subject of articles 6 and 7 of the credit purchase instructions) in the case of stocks accepted in the Tehran Stock Exchange and the first and second markets of Iran’s over-the-counter exchange has been determined as “60% of the closing price”. .
According to the resolution of the 132nd meeting of the capital market risk monitoring committee, the approved coefficient will be applied in the regulatory systems from May 25.
It should be mentioned that on April 29, the management of supervision over brokers of the stock exchange organization adjusted the coefficient of brokers for the shares accepted in the Tehran Stock Exchange and the first and second markets of Iran’s over-the-counter exchange, 50% of the final price, regarding the stocks included in the yellow base market of the over-the-counter exchange. Iran had set a coefficient of 30% and in the case of stocks listed in the Orange Base Market of the Iran Exchange, a coefficient of 20% had been set.
Source: Stock