Iraq Stock Exchange

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Iraq Stock Exchange
Iraqstock-logo.gif
Founded 2004
Headquarters Baghdad
Key People Taha Abdul Salam, CEO
LinkedIn Profile
Website http://www.isx-iq.net/

The Iraq Stock Exchange introduced electronic trading in April of 2009 with a platform powered by NASDAQ OMX. [1][2][3]

History

The ISX is a non-profit entity that was established on April 18, 2004 according and began trading on June 24, 2004. It says it is committed to developing a transparent, open, and competitive trading environment.

The headquarters for ISX is in Baghdad, but it has the right to open branches in other Iraqi cities. It has its own set of operating rules and recently completed a draft of new by-laws.

The ISX is a separate entity from the Baghdad Stock Exchange, which no longer exists.

The ISX is independent from the Iraqi government, including the Ministry of Finance. It is owned by its members, who are brokers. It is regulated by the Securities Commission of Iraq.[4]

Products and Services

The ISX offers trading in individual equities and has a main ISX index, as well as sector indices in

  • Banks
  • Insurance
  • Investment
  • Services
  • Industry
  • Tourism & Hotels
  • Agriculture
  • Telecom
  • Money Transfer

Key People

References

  1. Iraq stock exchange goes high-tech. Middle East Online.
  2. {{<cite web|url=http://www.institutionalinvestor.com/Article/3181460/Investors-Sovereign-Wealth-Funds/Iraq-Stock-Exchange-Goes-from-Bunker-Mentality-to-Boom-Times.html%7Cname=Iraq Stock Exchange Goes from Bunker Mentality to Boom Times|org=Institutional Investor|date=April 13, 2017}}
  3. IRAQ STOCK EXCHANGE LAUNCHES NASDAQ'S X-STREAM TRADING TECHNOLOGY. Nasdaq.
  4. About Us. Iraqi Stock Exchange.