Securities & Exchange Brokers Association
About Securities Depository Center of Jordan
Established: 10 May 1997
Acting Deputy CEO: Mr. Jamal Jallab
Address: Capital Market Building, Al - Mansour Bin Abi Amer Street,
Al - Madina Al-Riyadiya District, Al-Abdali Area
Tel: +962 6 5672788
Working Hours: 8:00 - 16:00
Email: [email protected] Website: www.sdc.com.jo
The Federation of Euro-Asian Stock Exchanges
About Company
Established: 2007
Address: No32, DelAfrooz alley, 6th street,
Vozara Street Tehran, Iran
Contact Name: Sara Heidari
Email: [email protected]
Website: www.seba.ir/
- Joined FEAS in 2009 -
Mohamadreza Dehghani
Secretary General
Year in review
2022 was a recession year for Iran's capital market and as a result the brokerage industry. The main focus of SEBA agenda last year was the automation of internal processes in order to increase the speed and accuracy of the services provided to the beneficiaries of this association in the areas of training finance and investment and handling complaints from financial institutions. Also, negotiating with supervisory and regulatory bodies to revise rules and regulations related to brokerage firms was on our to-do list. Our prime objective was to modify the business model of brokerage companies in order to improve the operational efficiency of Iran's capital market along with providing better conditions for delivering broader services to the clients of brokerage companies.
The recession prevailing in the capital market slowed down the possibility of infrastructural reforms in the field of the brokerage industry, because the main focus was on the recovery from the market recession and reforms in this area. Therefore, it was not possible to achieve the goals set in the field of fundamental reforms of the laws and regulations governing the business of brokerage companies.
Fortunately, in the field of automating SEBA's internal processes, effective measures were taken beyond the set goals. The provision of specialized and general training to the personnel of brokerage companies and those interested in finance and capital market was carried out on the platform of the new software. Also, receiving and handling complaints from financial institutions happened in a shorter period of time and with much less bureaucracy.
Also, last year, this association prepared and approved the "brokers ranking regulation", which will be an effective measure in the field of supervising brokerage firms' performance. The first ranking of brokerage companies in this format will happen next year.