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Economy, Business And Markets

Trading Code Issuance Goes Online

Central Securities Depository of Iran has cut the paperwork and started issuing trading codes for capital market investors online. Previously, those seeking to start trading had to contact a brokerage to confirm their identity, fill in forms and wait 24-48 hours to receive their codes. The new system only requires investors to sign up on the Comprehensive Client Data Registration System (known by its Persian acronym Sejam) at www.dara.csdiran.com/sejam and then visit the nearest brokerage branch to receive their code. The comprehensive system ensures that investors can access all capital market services with this one-time registration, the Persian economic daily Donya-e-Eqtesad reported.