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TSE Bans Day Trading Until Further Notice

TSE Bans Day Trading Until Further NoticeTSE Bans Day Trading Until Further Notice

Tehran Stock Exchange on Saturday banned day trading until further notice, a move seen to encourage investors to adopt “a buy and hold” approach. 
In a notice published by the Securities and Exchange News Agency (SENA), the TSE said it will change the transaction date from T+0 to T+1, which means that buying and selling the same share is not possible in one  session.
Day trading is the act of buying and selling securities within the same day or even multiple times over the course of a day. It is, by nature, speculation in securities, which involves making trade that lasts for seconds or minutes, taking advantage of short-term fluctuations in the price of an asset. 

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