Business And Markets
0

TSE Reinstates Day Trade

TSE Reinstates Day Trade
TSE Reinstates Day Trade

Day trading will resume Tuesday after Tehran Stock Exchange authorities earlier banned the practice to entice investors to adopt ‘a buy and hold’ approach. 
In a notice published on its website, the TSE's market operation department said the transaction date will be changed from T+1 to T+0 which meanis investors can sell shares bought on the same day.  
Day trading is the buying and selling of securities on the same day or multiple times over the course of a single session. It is, by nature, speculation in securities, which involves trade that lasts for seconds or minutes, taking advantage of short-term fluctuations in the price of an asset. 

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com