Future contracts were officially launched for the first time on Sunday in the Tehran Stock Exchange on seven tickers.
The equity futures were unveiled during a ceremony, attended by senior capital market officials, investment banks and brokerage firms, and held at the Central Securities Depository of Iran, the Security and Stock Exchange News Agency reported.
Shapour Mohammedi, chief of the Security and Exchange Organization - the sole regulator of the capital market – referred to risk management in the stock market as the main advantage of derivative tools and said investors can increase their profits with the help of such financial tools.
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