Iran Fara Bourse

Iran Fara Bourse Co. (IFB) also known as Farabourse is an Exchange for securities and other financial instruments in Tehran, Iran which operates under the official supervision of Securities and Exchange Organization (SEO).

Iran Fara Bourse
فرابورس ایران
TypeStock Exchange
LocationTehran, Iran
Founded2008
Key peopleAmir Hamooni
CurrencyIranian rial
CommoditiesShares & rights, corporate participation certificates, futures, exchange-traded funds (ETFs)
No. of listings114 companies (2018)[1]
IndicesIFX (main)[2]
Website

IFB operates as a self-regulatory organization governing the activities of its brokers and members. The company was established in 2009 and its transactions officially started in four market segments on September 28, 2009. Iran Fara Bourse is an exchange founded on November 12, 2008, in Tehran which operates as a self-regulatory organization under the supervision of SEO. IFB provides a market for both listed and unlisted securities. Its transactions officially started on September 28, 2009. Currently, there are 5 market segments, including First Market, Second Market, Third Market, Base Market, and Modern Financial Instruments Market. IFB is a member of the Federation of Euro-Asian Stock Exchanges (FEAS) in addition to the Organization of Islamic Cooperation (OIC) Member States’ Stock Exchanges Forum.[3] Establishment of Iran Fara Bourse Company is one of the main steps for developing the Capital Market in Iran and diversifying financial instruments traded in the securities market. In 2013 Farabourse started offering exchange-traded funds[4] and real estate ETFs in September 2014.[5] The survey is based on the annual public reports and responses received from 17 exchange members and as it showed, in 2018 the trading value of the Iran Fara Bourse was 18,084.88 million euros, which is the second-highest among all exchanges. There is a significant rise in trading value (equities and fixed income) of Iran Fara Bourse by about 40.5%. What comes to market capitalization in 2018, there was a substantial increase compared to the indicator in 2017 by over 64%.[6]

See also

References
  1. http://en.ifb.ir/Members/ListOfMembers
  2. http://financialtribune.com/articles/economy-business-and-markets/16421/new-indices-ifb
  3. . Retrieved October 5, 2010.
  4. http://presstv.com/detail/2013/09/28/326569/iranian-investors-to-benefit-from-exchangetraded-funds/
  5. "Archived copy" (PDF). Archived from the original (PDF) on 2015-02-08. Retrieved 2015-02-08.CS1 maint: archived copy as title (link)
  6. http://en.ifb.ir/RELEASES/NewsDetail?id=75
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