What are the benefits of offering a car on the stock exchange?
According to Eqtesad Online, quoted by ISNA, Mohammad Norouzpour, the head of the settlement and clearing department of the Commodity Exchange, stated that on Wednesday, a total of 103 Kara two-cab and Kara single-cabin units were sold at the Commodity Exchange. 291 million Tomans and 58 two-cab cars were sold at a price of 301 million Tomans on the Commodity Exchange. In general, supply exceeded demand.
He asked about the difference between the price of the mentioned car in the open market and the commodity exchange? He said: The price that was traded in the commodity exchange is without VAT and other options, but it can be said that the price in the commodity exchange was about 10 million tomans lower than the free market.
The head of the settlement and clearing department of the Commodity Exchange, emphasizing that the car is offered on a monthly basis in the Commodity Exchange, said: “Kara is in the purchasing section of the surplus of the Commodity Exchange, and applicants can also buy on Saturday.”
Nowruzpour said about what other cars are to be offered in the commodity exchange: Other cars of Bahman group such as Fidelity and Dignity, as well as some cars from Kerman Khodro have also been accepted in the commodity exchange.
How to buy a car from a commodity exchange
On Wednesday, an efficient single-cab car with a base price of about 291 million Tomans and a two-cab efficient car with a base price of about 301 million Tomans were traded.
In order for customers to participate in the auction and purchase of cars in the commodity exchange, they must get a code in the commodity exchange, which is possible both in person and electronically.
In the face-to-face method, the client refers to one of the stockbrokers (licensed by the Exchange and Securities Organization) and completes the required documents and forms. After reviewing the documents by the commodity exchange, the customer code is issued.
In the electronic method, the customer with the SJAM code, by referring to the online system of stockbrokers, enters his national code and receives a text message received from the SJAM system, which contains the password.
By entering the received password, the customer information is called from the SJAM system and provided to the Commodity Exchange, and according to the authentication in the SJAM registration process, the customer code is issued by the Commodity Exchange.
In order to make a transaction, clients must have their own attorney account, which is the attorney account service provided to customers through most banks.
In this case, the entire amount of the transaction must be available in the proxy account so that this amount is blocked at the time of the transaction and after the transaction is transferred to the Commodity Exchange account for settlement.
Attendance at the trading session is done only through stockbrokers. The address and contact number of brokerage companies are listed on the Commodity Exchange website.