Online trading accounted for more than 34% of the Iranian capital market’s total trading volume of 41 trillion rials ($976.19 million) during the first month of the current Iranian year (March 21-April 20). Out of the 105 brokerages operating in the market, 103 offered online services. The top five online-trading brokerages were Mofid Securities Company with a 23.44% share, Agah Brokerage with 7.42%, Farabi Brokerage and Securities with 3.81%, Bank Keshavarzi Brokerage Company with 3.33% and Mobin Sarmayeh Brokerage with 2.97%, ILNA reported.
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