Market Makers Expected to Boost Liquidity of Gov’t Shares

The High Council of Securities and Exchange has mandated the  Capital Market Development Fund (CMDF) with implementing market making operations to help ensure liquidity of shares offered by state-run companies.
As per the council’s move, a percentage of the ceded shares by the government will be transferred to the CMDF, Muhammad Ali Dehqan-Dehnavi, the managing director of Securities and Exchange Organization, said.