Yearbook 2019
Iraq Stock Exchange
Taha A. Abdulsalam
CEO of Iraq Stock Exchange
About Iraq Stock Exchange
Established: 2004
CEO: Mr. Taha A. Abdulsalam
Address: Al-Karadha Al-Sharqiya / Al-Alwiya District/
sec 903/ St 11, Baghdad, Iraq
Contact Person: Rana A. Abdullah
Email: i[email protected]
Website: www.isx-iq.net
61
Trading shares of 80 shareholding companies. That overall number can be divided up as follows: 29 banking companies, 2 telecommunications companies, 5 insurance companies, 5 investment companies, 1 money transfer company, 7 services companies, 15 industrial companies, 10 hotel and tourist companies, 6 agricultural companies The annual trading frequency of a company (or being out of circulation) depend upon its commitment to provide timely financial, information and significant events-related disclosure statements, and its supply of shares and investors' demand for them.
The number of companies listed on the Exchange amounts to 102 ones. After 5 companies were listed, their circulation will start during the year 2020, and the delisting of 3 companies, and their details will appear later.
In the second half of 2019, the ISX Board of Governors endorsed several development studies as part of its of its professional and technical development programs for 2020, as follows:
1. implementing a plan to develop the electronic share trading
and central depository systems, in cooperation with (NASDAQ).
2. Implementing a project for online securities trading system designed for investors.
3. Launching the Anti-Money Laundering (AML) System at the Exchange's IDC.
Moreover, a study is undertaken to formulate regulations for online creating of an investor account at the IDC.
Along with its daily activities, the Iraq Stock Exchange pays considerable attention to enhance utilizing its various electronic systems, to pursue listing more companies in order to enable shareholders and other investors, and to propose regulations and rules so as to advance the status of the capital market.
With best regards,