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Dr. MohammadAli Dehghan Dehnavi: "Today, the country's capital market and Sindex instruments have reached a level for which an index can be defined. "The Sindex provides excellent information for investors, researchers and analysts."

Tehran, Feb. 15 (SENA)- According to the Securities and Exchange News Agency (Sena), the unveiling ceremony of the crowd funding market and the OTC Sindex of Iran was held today, Sunday, February 17, in the presence of the Vice President for Science and Technology, the Chairman of the Stock Market and the OTC CEO of Iran.

Dr. Ali Dehghan ‌ Dehnavi, the head of the Securities and Exchange Organization, in this meeting, pointing out that knowledge and innovation in the capital market has always been very important and in fact its promoter, said: to promote activities in the field of science and technology and to Economic development leads, we need financing.

He added: "The capital market is ready to help finance innovative activities and knowledge-based along with the Deputy Minister of Science and Technology, and in this direction uses various innovative tools such as Crowd funding."

According to the head of the stock market, crowdfunding helps to popularize the economy, as different people can invest in businesses with limited resources. This market is also related to the discussion of cooperation due to the integration of micro and public capital.

Dr. Dehghan ‌Dehnavi also emphasized in this program: we should use different tools to finance small and medium companies in the capital market, because many companies do not have the possibility of initial public offering but can get help from tools such as crowd funding.

He called for education and culture in the field of markets and innovative tools and said: "Considering the transparent nature of the capital market, all investment conditions and laws should be publicly informed through these markets in a transparent manner."

The head of the Securities and Exchange Organization, regarding the OTC Sindex of Iran as an indicator for measuring fixed income securities, said: "Today, Crowd  funding through Sindex in the capital market has reached a high volume and depth, and therefore the index design for different categories of Sindex it will be very useful for investors, analysts and capital market researchers, and on the other hand, it will lead to transparency of information in the debt market.

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