The Securities and Exchange Organization of Iran plans to expand the limit of daily price spread in the stock market by at least 10%.
Majid Eshqi, the head of SEO, made the announcement and noted that there is no hurry to implement changes, SENA quoted him as saying.
"We believe that making changes to the market mechanism will disrupt activities, so we are taking our time to come up with correct decisions," he said.
Last September, the regulator decided to expand the limit of price fluctuations in the stock market by 1 percentage point.
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