Although TSE went through lots of ups and downs and experienced many fluctuations in 2023, it made valuable achievements as well. During the year, despite facing numerous, international and domestic challenges, including exchange rates fluctuations and economic inflation, Tehran Securities Exchange was able to take important steps towards its dynamism and experienced significant growth in many key indicators. A brief overview of TSE’s performance in 2023 is described as below:
Despite frequent, international and domestic economic restrictions, we were provided with opportunities to bolster our capacities, as the key indicators of Tehran Securities Exchange improved significantly.
In the past year, in spite of the existing restrictions as well as our serious need to update solutions, TSE made important measures towards development and improvement of the less-developed Derivatives and Funds Markets by applying local innovations and cooperation with other entities of the capital market. By launching markets such as Single-Stock Futures Market and the Professional Investment Market, we were able to create new instruments and opportunities for investors and capital market participants. The deepening and multiple growth of transactions in Derivatives Market indicates the modern financial instruments is increasingly being welcome by Iranian market’s participants.
In 2023, Tehran Securities Exchange has focused on digital transformation and emphasized on efficiency and transparency by using modern technologies. This year, TSE introduced and completed several projects in the field of digital transformation, such as launching the integrated system for monitoring issuer companies, inaugurating the systematic inspection of brokers, and running the market integrated system (locally known as SIBA), which will lead to a significant increase in effectiveness and productivity in the mentioned areas.
In the coming years, in order to strengthen its role as a prominent financial center in the region and relying on its basic strategic fundamentals, such as digital transformation and continuous market development, Tehran Securities Exchange will seek to develop and deepen modern financial instruments and create new opportunities for investors.
We will be committed to continue striving for positive developments and creating an integrated and dynamic environment for investment, which will not only benefit domestic market participants, but will also benefit the entire economy of Iran and the region.