Iran Fara Bourse Co. (IFB), also known as Farabourse, is an exchange for securities and other financial instruments in

Tehran Tehran (; fa, تهران ) is the largest city in Tehran Province and the capital of Iran. With a population of around 9 million in the city and around 16 million in the larger metropolitan area of Greater Tehran, Tehran is the most popul ...

Iran Iran, officially the Islamic Republic of Iran, and also called Persia, is a country located in Western Asia. It is bordered by Iraq and Turkey to the west, by Azerbaijan and Armenia to the northwest, by the Caspian Sea and Turkmeni ...

which operates under the official supervision of

Securities and Exchange Organization A security is a tradable financial asset. The term commonly refers to any form of financial instrument, but its legal definition varies by jurisdiction. In some countries and languages people commonly use the term "security" to refer to any fo ...

(SEO). IFB operates as a self-regulatory organization governing the activities of its brokers and members. The company was established on November 12, 2008 and its transactions officially started in four market segments on September 28, 2009. IFB provides a market for both listed and unlisted securities. 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 An organization or organisation (Commonwealth English; see spelling differences), is an entity—such as a company, an institution, or an association—comprising one or more people and having a particular purpose. The word is derived from ...

(OIC) Member States’ Stock Exchanges Forum. The establishment of Iran Fara Bourse Company is one of the main steps for developing the

capital market A capital market is a financial market in which long-term debt (over a year) or equity-backed securities are bought and sold, in contrast to a money market where short-term debt is bought and sold. Capital markets channel the wealth of savers t ...

and diversifying financial instruments traded in the securities market. In 2013 Farabourse started offering

exchange-traded fund An exchange-traded fund (ETF) is a type of investment fund and exchange-traded product, i.e. they are traded on stock exchanges. ETFs are similar in many ways to mutual funds, except that ETFs are bought and sold from other owners throughout the ...

s and real estate ETFs in September 2014. A survey based on the annual public reports and responses received from 17 exchange members showed in 2018 the trading value of the Iran Fara Bourse was roughly 18,084.88 million

euro The euro ( symbol: €; code: EUR) is the official currency of 19 out of the member states of the European Union (EU). This group of states is known as the eurozone or, officially, the euro area, and includes about 340 million citizens . ...

s, which is the second-highest among all exchanges. There was a significant rise in trading value (equities and fixed income) of Iran Fara Bourse by about 40.5%. Market capitalization in 2018 increased compared to the indicator in 2017 by over 64%.http://en.ifb.ir/RELEASES/NewsDetail?id=75 {{Dead link, date=February 2022, fix-attempted=yes

References

External links

Iran Farabourse/official website
Stock exchanges in Iran

See also

References

External links