TEHRAN – The managing director of the Tehran Stock Exchange (TSE) has said the Securities and Exchange Organization (SEO) is going to form a risk hedge fund for the stock market, IRNA reported.

Speaking in a press conference on Wednesday, Mohammad Goudarzi mentioned financing and digitalization of processes as important programs that the TSE is focusing on, and stated: “To achieve our goals, we focused on two areas of financing and digitalization of the processes at the Tehran Stock Exchange and implemented significant measures in this regard.”

TSE is one of the four Iranian stock exchanges, and the most important one. The other three ones are Iran Mercantile Exchange (IME), Iran Energy Exchange (IRENEX), and Iran’s over-the-counter (OTC) market, known as Iran Fara Bourse (IFB). 

EF/MA