Iran’s stock exchange regulator is easing conditions for issuing trading codes for new investors, cut red tape, encourage more people to the bourse and put the market on a stronger footing.
Issuing codes without the physical presence of applicants is one such measure. According to a notice on Central Securities Depository of Iran website, applicants will soon be able to apply for trading codes via electronic platforms.
The clearing house announced that the grounds are being prepared and the initiative will be made available in the coming week.
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