The share market regulator is working on a plan of action to minimize the impact of big shareholders performance on retail trade in the bourse, the CEO of Tehran Stock Exchange said.
"The blueprint should help curtail the sway of big stockholders" on the stock market, Ali Sahra'ee wrote in a note in his Twitter account, the Securities and Exchange News Agency reported.
Sahra'ee said the draft plan was finalized at the TSE's board meeting on Sunday and will come into effect soon. "In the plan the frequency of deals in retail and block trade will be monitored regularly.”
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