Iraqi Securities Commission announced its approval of
the requirements for Iraqi brokerage firms to obtain trading membership through
the “Tabadul” platform in the Abu Dhabi Securities Exchange (ADX), as well as
the requirements for foreign brokerage firms to obtain trading membership
through the platform in the Iraq Stock Exchange
(ISX).
This initiative comes within the framework of the strategic linkage project
between the two markets.
On this occasion, His Excellency Mr. Faisal
Al-Haimus, Chairman of the Securities Commission, affirmed that this step
represents a new phase in the development of Iraq’s financial markets and the
enhancement of their regional integration.
He noted that the “Tabadul” platform will contribute to expanding
investment opportunities, increasing liquidity, improving trading efficiency,
and attracting foreign investments to the Iraqi market.
His Excellency added that the Commission continues to implement its vision to modernize the financial market environment and strengthen partnerships with Arab and international markets, in line with the government’s objectives to support the national economy and diversify sources of growth.
He also emphasized that this approval is part of a series of strategic steps aimed at enhancing the position of the Iraq Stock Exchange as a promising investment destination at the regional level.
Media Office

