millionday] thank goodness --- the last part of this report and the best part >>>>> Executive Director of the Association of Iraqi banks Abdul Aziz Hassoun , he asked in his interview what kind of private sector who want to get to him .
Indicating that the Iraqi private sector has always been initiated because the have a role in the economy and space in the sixties of the last century ,
this sector produced and exported three times as factories produced by the government and we all remember Fattah Pasha blankets and T-shirts Alpha ..
Between Hassoun and that the current investment is an investment miserable and not up to the level of ambition ..
Indicating that the state paid monthly to the state-owned companies losing more than 6 trillion dinars salaries to its employees unproductive ..
Read More Link On Right
Speaking concluding that the challenges facing the private sector and large State is unable to address these challenges and support the private sector .. As well as the banks are not functions of the tasks of the day .
millionday] here we go so this is the great thing of the night it is the news about the stock market -- isx
[millionday] Discussed a specialized seminar hosted by the Board of Governors of the Iraqi market for securities investment in the development of the mechanics of the capital market in Iraq .
Addressed the seminar, which was attended by Chairman of the Securities Commission d . Abdul Razzaq al-Saadi , and representatives from private banks and the Iraqi market for securities axes very important to move and activate my performance and development banks and the stock market as key partners in demonstrating the strength of the Iraqi economy , notably the custodian and investment portfolios and clearing .
Chairman of the Board of Governors of the Iraqi market for securities Jalil Ali Obaid said that the seminar dealt with several axes represent the foundation stone for the work of the Iraqi Stock Exchange , where we work to activate dialogue with specialists who represent Iraqi banks and specialized financial and banking affairs .
[millionday] oh honey can we get a whooop whoooop there is more i think i have a little tear smile
[Dovi] whooooooooooooop whooooooooooop LOL
[tbob] millionday sniff sniff lol
[MadDScout] Yippie Yie yay cow patty
[millionday] He slaves in an interview for the "morning" that the symposium dealt with several issues in the forefront of providing service custodian by Iraqi banks , and attached service financial settlement Securities ( clearing ) of the Iraqi market for securities ,
as well as the establishment of investment portfolios own local banks , and the requirements of the inclusion of non- listed banks in the market and the importance of inclusion , pointing out that the seminar also dealt with an increase of capital by underwriting and recovery of excess amounts reported .
[All4HIM] I'm sorry was so distracted.. what does it mean
[millionday] that sounds painful
[millionday] ok so here we are looking at a seminar to discuss the launch of the stock market as it will be in the forefront of the economic reform for the activation for the country and the private sector
[millionday] The head of the Securities Commission d . Abdul Razzaq al-Saadi has stressed in his intervention on the importance of working towards activating investment in the Iraqi market for securities and importance in the development of the work of the local bourse ,
which has achieved great successes in the past period , where we were able to adopt sophisticated systems to manage the joints of trading , who moved from the stages of trading traditional to stages of electronic trading ,
pointing out that he can be found on the investor's shares through the adoption of modern technology and the buying and selling through them.
[millionday] now here we see that they have proven the abilities to move through the electronic capabilities of securities through it -- as in success and preparation
[millionday] He said al-Saadi to the importance of the distribution of the clearing between local banks , indicating the importance of the announcement of the mechanics of hiring from now , and so we turn to the distribution of benefits to the largest number of banks , where they can choose the banks that have sophisticated systems to help them manage the process of clearing .
He returned slaves to confirm that it is the terms of the adoption of the Custodian to take over a bank management of the investment portfolio to meet the wages also acknowledged in the law ,
and carried out by a local bank or branch of a foreign bank , calling on local banks to go to the adoption of this system , which raises the confidence in the bank who is adopted . Indicating that the custodian is the third episode complementary to the work of the Iraqi market for securities after the EGX and filing status
[millionday] so of course this is a huge wow -- the calling for employment now to activate the mechanics of adding all the banking and actually the system of the isx -- this is for filing and mechanics -- the law etc
[millionday] get ready for a huge smile and if you have something in front of you to grab -- do it now -- smile
[millionday] He pointed out that the efforts of the Securities Commission focused towards activating this service sophisticated harmony and the investment process in the market , especially as the custodian system exists in most countries of the world and regional Europe and America .
Dovi] what means it?
[millionday] can i say we are close now ? -- whoooop whoooop
[wmawhite] millionday ...smiling
[All4HIM] Yes you can.. say it say it
[millionday] they are moving to connect to the world stock exchange we are close lol
[tbob] millionday progress ... close . . whoop whoppee
[millionday] i love when they say now
[millionday] >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> Obeid also covered detailed investment portfolios that are owned by the bank and its exact role in the investment process , but in our banks are weak ,
which needs to be activated to be supportive of the economy , stressing the importance of banks to start now in building investment portfolios . *
Eating Obeid plans implemented for the current year to 12 December of this , which included organizing ( 223 ) trading session on the Stock Exchange and by five sessions per day and number of shares traded ( 867 ) billion shares with a total value amounted to ( 2.8 ) trillion dinars , pointing out that the number of shares listed ( 4.5 ) trillion after increases in the share capital taking place this year .
[millionday] executing plans >>>>>>>>>>>>>>>>> He said that plans implemented touched on the processes disclosed by the rules for transactions and the dissemination of corporate news and the decisions of public bodies and to stop the launch of trading of shares of listed companies ,
and the inclusion of new shares after the issuance of authentication amendment holding companies , as well as the daily control on the implementation of the rules of electronic trading and surveillance patrol on the activity of companies mediation ,
was also suspended trading of shares of companies non-compliant with the regulations of disclosure and re- shares of companies that meet the disclosure requirements of the case presented to the annual and quarterly data for the body .
[millionday] note -- so we should see isx on hold while they launch -- something to look for
[millionday] another smile >>>>>>>>>>>>>>>>>>>>>> The symposium took place during the extensive discussions by the participants and observations worthwhile aimed at developing the performance of the financial sector Baraknyh banks and the stock exchange ,
as well as the submission of proposals to support the mature market of Governors aimed at pushing forward stock levels to live up to the standards of international stock markets
[Dovi] millionday aren't they down in late Dec to early Jan?
[tbob] isx closed dec 26 till jan 6th?
[millionday] international stock markets ? wow could it be --- oh you betcha smile
[millionday] i love it what a great night for news
[nona] i'm liking that international sound!
[millionday] oh goody i would say if it didnt make me sound like a dork goodness what else do we need
[tbob] millionday rate and date!!! lol
[Dovi] millionday an RV?
[jimplants] A real rate
[millionday] but let me look -- maybe they want us to visit -- only thing i can think of topping this has to come with this currency is part of the stock market it is what we are wanting it is it
[millionday] stock market has to have rate -- dinar is their first product brb so i dont see anything because we know parliament meets tomorrow
[millionday] politically is meetings and economic is seminar of stock market launch and also private sector inclusion of experts so we are really looking great