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ISX electronic trading considered a success!



mp_main_wide_iraqistockexchange452The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) reported the successful launch of Iraq Stock Exchange’s (ISX) new trading and clearing system based on NASDAQ OMX technology. This is a historical time in Iraq as they move to electronic trading. 

Lars Ottersgard, Senior Vice President NASDAQ OMX Market Technology says:

“We are pleased and honored to provide a trading platform to ISX that will act to increase its visibility and credibility towards foreign investors. An efficient trading and clearing system is instrumental in creating investor awareness and thus attract liquidity, and we are confident that this new platform will support continued growth at ISX.”

Only 5 of the 91 companies listed on the Iraqi Stock Exchange are available for electronic trading so far. Stay tuned!

Related posts:

  1. ISX to go digital?
  2. 1.46M IQD traded in first electronic trading session.
  3. ISX trading 5 days starting November 1st
  4. Some thoughts on the ISX…
  5. ISX ran it’s 4th electronic session yesterday..

This entry was posted on Tuesday, April 28th, 2009 at 1:36 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

One Response to “ISX electronic trading considered a success!”

  1. avatar Barbara Swisher says:
    October 26, 2009 at 12:42 pm

    More ISX News: Iraqi Land Transport

    Iraqi Land Transport – General Meeting

    ——————————————————————————–

    .
    Announced that the Iraqi company for ground (Land) transportation from holding its general body on Monday, 2009/11/16
    at ten in the morning in a hotel Sadeer to discuss the final accounts for 2008 and discuss a divided profits for the year 2008 and
    will be suspended from trading on the company as of 2009/11/2.

    http://www.isx-iq.net/page/arabic/analysis-daily-a.htm
    __________________