ANNUAL REPORT 2015
FEDERATION OF EURO-ASIAN STOCK EXCHANGES
IRAQ STOCK EXCHANGE
Iraq Stock Exchange aims encouraging savings by listing companies.
Taha A. Abdulsalam
Chief Executive Officer
Iraq Stock Exchange was established under the
law No. (74) Issued on April 18, 2004 and officially
opened on June 24 2004. It is an independent
self-regulatory organization administratively and
financially non-profit owned by the members.
Subject to the supervision of the Iraqi Securities
Commission (ISC) and operates in accordance with
the instructions and rules issued by the market itself
and to the rules of procedure.
1- Aims
Iraq Stock Exchange Foundation is a non-profit,
self- regulated organization (SRO) administratively
and financially independent owned by the members.
Its dealings are commercial and does not contradict
with the temporary law (which is permanent when
approved), the internal regulation of ISX and the
instructions issued by ISC, subject to the censorship
of ISC.
Aims:
• Regulates stocks trading, surveillance, financial
clearing and equity settlement.
• Encourage savings by listing companies.
• Helping companies to build their capitals and
disclosure their data and financial position.
key HigHligHts Of tHe year
Companies and market capitalization
Number of listed companies
Domestic companies
Foreign companies
Number of new listing
Domestic market capitalization (USD million)
Trading
Value of share trading (USD)
Number of share trades (thousand)
Value of bond trading (USD)
Number of bond trades (thousand)
Index ISX 60
31.12.2013 31.12.2014
83
83
-
1
9,563,333 83
83
-
-
7,955,000
2,371
743,852,399
-
-
- 751
871,182,103
-
-
998.207
2- Regulates and monitors trading operations
systematically for five trading sessions per
week for listed companies - according to the
instructions and rules of electronic trading.
3- Trading Sessions
Trading sessions are organized according to the X
-STREAM trading system for the regular market
and the 2nd market. Traders are allowed to execute
orders through the stations at ISX trading hall and
at brokerage firms’ headquarters. The execution
instruction allowed the traders to buy no more than
the Cap Formula as the system verifies the existence
of deposited money and deposit shares.
“
Iraq Stock Exchange Helps
companies to build their
capitals and disclose
their data and financial
position.
”
ABOUT IRAQ STOCK EXCHANGE
Established: 2004
CEO: Taha A. Abdulsalam
Address: Iraq - Baghdad - Al-Karada Al-Sharqia
Al-Alwiya - near saidat Al-Nagat Church
Contact name: Zinah Hamza
E: [email protected]
W: www.isx-iq.net
FULL MEMBERS
27