The Securities and Exchange Organization (SEO) has paved the way to help ease share trading of small and medium-sized enterprises via the Iran Fara Bourse (IFB).
In the past only legal persons or investors from state-owned organizations could buy shares of SMEs. The SEO has now made it possible for professional investors to buy shares of SMEs, SENA reported.
Henceforth all real persons whose portfolio is 50 billion rials (around $136,986) or higher over the past six months, or their trade in Tehran Stock Exchange or IFB, the junior equity exchange, reached at least 20 billion rials ($54,644) in six months, can buy SME shares.
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