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13% of Iran's Population Active in Capital Market: Official

Iran's ranking in the number of traders rose to 8th in the world and many new instruments were introduced
13% of Iran's Population Active in Capital Market13% of Iran's Population Active in Capital Market

Head of the Security and Exchange Organization, the sole regulator of the capital market, said 13% of the Iranian population (10.5 million trading codes) is active in the capital market. 
In terms of transparency, Iran's capital market is among the five most transparent in the world, he said. 
Shapour Mohammadi told reporters on the sidelines of the first Algorithmic Trading Competition in Capital Market held in Tehran Wednesday that the number of listed companies now is over 600 in the Tehran Stock Exchange and the junior exchange Iran Fara Bourse.
"The number of financial firms will also reach 600 by the end of the calendar year in March," he said, adding that this “indeed is an achievement” compared with other countries. 

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