FEAS Yearbook FEAS Yearbook 2024 | Page 86

The Federation of Euro-Asian Capital Markets

About Company

Tehran Securities Exchange

Year in review

Established: 1967

Address: No 3, West 13th St. Qeisar Aminpour Blvd,Saadatabad,Tehran,Iran

Contact Person: Mohamad Saheb Bayani

Email: int@tse.ir

Website: tse.ir

- Joined FEAS in 1995 as Founding member

Mahmoud Goudarzi

Chief Executive Officer

2024 was a year full of valuable experiences, new opportunities, and complex challenges for Tehran Securities Exchange (TSE). During this year, regional and global geopolitical developments had an impact on the country's economic atmosphere and, consequently, on the Iranian capital market, but by relying on smart planning, flexibility in policymaking, and timely support, we were able to manage these challenges and even witness positive market growth.

Despite these difficult conditions, trading volume was maintained and investor confidence in the Exchange increased. Timely protection measures, continuous cooperation with market participants, and the responsible approach of TSE have played a significant role in successfully overcoming challenges and achieving positive results.

On the path to capital market development, our most important project in 2024 was designing and launching of the Integrated Trading System "CEBA". As a comprehensive and innovative platform, this system manages all stock market processes, including block and wholesale transactions, initial public offerings, market-making requests, and other related operations in a mechanized and integrated manner. By establishing a mechanized connection between financial institutions and the Exchange, "CEBA" has significantly increased the speed, transparency, and accuracy of trading processes, significantly reduced human errors, and by increasing the ability to closely and timely monitor all market operations, has improved the efficiency of the capital market and provided a better user experience for market participants.

In continuation of the projects based on digitalization of Tehran Securities Exchange processes, the brokers affairs and supervision system was also fully designed and implemented. This system manages all supervisory tasks and interactions with brokers in an intelligent and mechanized manner, and while strengthening continuous supervision, it has led to higher transparency and accountability. In addition, the creation of a comprehensive database of the Exchange issuers based on business intelligence (BI) has provided data-driven decision-making capabilities, faster information analysis, and timely response to corporate actions. In addition, significant measures were taken to