A capital market analyst believes that the Security and Exchange Organization– Iran's capital market regulator– is on the right path in diversifying the market's financial instruments including the launching of options trading and futures.
"Gold coin futures have been among the most successful financial instruments in our capital market. This has to do with the fact that it was an innovative instrument among commodities that could hedge against financial risk," Shahin Cheraghi told the Financial Tribune, adding that the instrument has been rather successful due to its special character as a hedging instrument.
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