23640
TSE to Introduce Index Options
Economy, Business And Markets

TSE to Introduce Index Options

Tehran Stock Exchange is awaiting the completion of software that would process derivatives and introduce index options, its chief executive said Monday. The Securities and Exchange Organization gave the green light for the introduction of stock derivatives in Iran’s equity markets. The Sharia Committee of SEO approved Sharia-compliant versions of futures and index options on June 10. “Tehran Stock Exchange initiated studies to introduce instruments that resembled index derivatives last year,” said Ali Abbas Karimi, the development deputy of the company. An option is a contract that gives the buyer the right, but not the obligation, to buy or sell an underlying asset or instrument at a specified strike price on or before a specified date.The index option’s Sharia –based version is called “Portfolio Option” by the SEO, according to the organization’s news website Sena.

Short URL : http://goo.gl/lJUecX

You can also read ...

The rial has lost more than 30% of its value during the three months to April against the dollar.
Majlis Research Center, the parliamentary think tank, has...
Facebook, Google Hit by $8.8b in Lawsuits
On the first day of GDPR enforcement, Facebook and Google were...
Tipax and Q-Post agreed to share their resources for the establishment of a courier network between Iran and Qatar to help boost bilateral trade.
A private Iranian courier service firm, Tipax, signed a...
Iranian Startup Boosting Value Added Services
Iranian startup SMS.ir has unveiled a new customer relations...
There are 359,700 active heavy-duty vehicles in Iran’s cargo truck fleet, of which 125,000 (34%) are over 15 years old and almost 1,500 trucks are five decades old.
A number of truckers across the country have taken industrial...
Foreign Garment Prices Increase
The prices of foreign garments in the Iranian market have...
Iran's Foreign Trade Tops $14b (March-May 2018)
Iran’s non-oil foreign trade during the two months of the...
Ayandeh Named Iran’s Best Bank by Euromoney
The private Ayandeh Bank has continued its string of success...

Trending

Googleplus