With Shares in a Tailspin, SEO Asks Market Makers to Intervene

The stock market regulator met with institutional buyers, main stockholders and market markers on Thursday to mull ways to prop up the market suffering from retail traders distrust and sell-offs. 
The managing director of Securities and Exchange Organization Hassan Qalibaf-Asl said the meeting was positive and hoped that the market and investors would soon benefit from the measures agreed at the meeting. 
Institutional traders manage more than 70% of the market and are expected to help when times are bad. 
Qalibaf-Asl stressed the need for market markers to take action, saying that “they can help balance the market and increase liquidity of shares”.