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Code: 48524 Visited: 157 Publish Date: Apr 11 2018 - 1:56
https://goo.gl/VxHUP2
Capital Market
Improvements of FINEX 2018
Tehran, Apr. 11 (SENA) - Tehran International Exposition Centre hosts the 11th round of Exchange, Bank and Insurance Exhibition April 16-19. The event is deemed to receive more attention due to soared indices and increased volume of trades during the last Iranian year (ended March 20).

Tehran, Apr. 11 (SENA) - Tehran International Exposition Center hosts the 11th round of Exchange, Bank and Insurance Exhibition April 16-19. The event is deemed to receive more attention due to soared indices and increased volume of trades during the last Iranian year (ended March 20).

The stronger interaction and correlation between the money and capital market is a main theme of the event, according to Shapour Mohammadi, Chairman of Securities and Exchange Organization of Iran. “Capital and money market are not in rivalry, but they are complementary. This event, in essence, is aimed to strengthen interactions in Iran financial system as well as elevating the level of financial literacy so the investors may gain required knowledge to make proper investment decisions.”

The CEO went on to underline the stronger presence of the banks this year, calling the banks, insurance and stock market entities as the main pillars of the financial system who can work together to introduce a joint product. “An investor might buy a life insurance and at the same time owns units of a fund in the banking system. Capital market can make trading of life insurance in form of mutual funds possible,” He added. Margin bank and short selling are also the kinds of topics that can be well handled in collaboration between the capital and money market.

Focusing on knowledge-based companies and startups is another edge of the event. “The SEO is offering wide support for these companies to attend the event and Presidential Deputy for Science and Technology is constantly showing significant interest and support for these companies and their operation, helping to resolve any hurdle they might face to participate in the event,” he mentioned.

On the international side, SEO has informed that representatives from different countries including Afghanistan, Pakistan, Syria, Malaysia, Singapore, Palestine, Montenegro, Iraq, Greece, Russia and England will be attending a part of the event, increasing the level of cooperation between regulatory authorities.

Interested parties can receive the latest news about FINEX 2018 on its official website, www.iranfinex.ir, or call landline +9842917000, extensions 133 or 116.

 

 

 

 

 
By: Security and Exchange News Agency (SENA)
 
 
 
 
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