Market makers funds accounted for 8% of the total intermediaries operating in the capital market in the last fiscal year (ended March 20) -- up 6% on the year before, a deputy at the Securities and Exchange Organization said.
According to Reza Rouhi, market making companies increased by 38%, rising from 38 to 57 last year, the SEO News Agency reported.
Market making operation gained traction after Iran's equity market took a drubbing under a prolonged sell-off since August 2020.
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