کارگزار

Tehran, Feb. 10 (SENA) - Securities and Exchange Organization (SEO) announced that from February 23rd two-way transactions will be set up.

Based on the declaration, the Tehran Stock Exchange (TSE) checked and tested systems, which are related to accrual sale’s transactions; held multiple training sessions about this transactional mechanism for stockbrokers and active financial institutions, holding coordinating sessions with capital market corroborative bodies, responsiveness to questions and ambiguities of activists and investors, provided the platform to run this mechanism.

Furthermore, regarding to the studies related to the process of choosing marketable stock symbols for short selling in selected Exchanges worldwide and with considering circumstances and traits of Tehran Stock Exchange, the measures for selecting accrual sale’s transaction are as follow:

Turnover in the last 3 months,

Average daily transaction in the last 3 months,

Percentage of permissible active days of the stock symbol in the last year,

Percentage of free float of shares,

The current value of the company.

According to the mentioned criterions and the value of each one, allowed companies would be rated and regarding to this rating, observing the variety of industries and the kind of active traders (natural and legal entities) and spending a one-year period from the date of commencing transacting the stock symbol in the Exchange, the stock symbol would be chosen.

At the onset of this transactional mechanism, the number of defined stock symbols, which are able to execute accrual sale’s transactions, is circumscribed and after the requisite checks, this mechanism would be defined in other transactional stock symbols.

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