The Securities and Exchange Organization has designed a new trading platform to help accelerate share trade.
According to Rouholla Dehqan, managing director of Tehran Securities Exchange Technology Management Company (TSETMC), share transactions capacity in the new trading system is 10 times higher than what is available now.
“The present platform that is used by the equities markets is capable of processing 2,000 transactions per second. The new system handles 20,000 transactions per second,” he was quoted as saying by Fars News Agency.
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