The managing director of the Securities and Exchange Organization says changes in daily price spread is crucial for the share market.
Majid Eshqi said this in a meeting Sunday with members of the Iran Chamber of Commerce, Industries, Mine and Agriculture (ICCIMA) to discuss developments in the stock market.
“We have pooled minds with experts and officials and reached a consensus. We expect meaningful modifications in the price spread in a month or two,” IRNA quoted him as saying.
Eshqi said the process “would be in phases to avoid any potential harm to the market.”
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