Business And Markets

Tehran Stock Market Could Catch Blackout Period

Tehran Stock Market Could Catch Blackout PeriodTehran Stock Market Could Catch Blackout Period

Tehran’s stock market trading platform has been overwhelmed by the systemic increase in the number of investors and the ensuing irresistible volume of deals conducted by the seemingly dilapidated platform.
Interruption in stock trade has now become a new norm that has drawn the ire of investors as they repeatedly complain that their (buy and sell) orders are not processed by the system or done with delays, at times inflicting heavy losses. 
“This platform is no more responsive to the increasing demand,” said Rouholla Mirsane'i, the head of Securities and Exchange Brokers Association. 
He said the trading platform is crammed by the inappropriate manner in which initial public offerings are made and increase in the volume of deals arising from speculative activities, Eghtesadnews website reported.


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