Millionday News 11/01/14 Part 1
Welcome to dinarupdates.com for news time with Millionday!
Millionday: WE HAVE A MAJOR NEWS REPORT TONIGHT
Millionday: I AM SO GLAD TO BE ABLE TO BRING IT TO YOU ALL
Millionday: THIS IS MAJOR WORLD NEWS SO PLEASE READ EVERY WORD
Millionday: Fatlawi Executive Director of the Iraqi market for securities in Iraq: that the market is said for the first time in the Iraqi Stock Exchange Date launched a new electronic trading system X-stream being more electronic trading systems advanced in the world
as well as being a high flexibility and performance of advanced and meets the needs of the market growing. and between the Executive Director of the Iraq market for securities, Taha Ahmed Abdul Salam,
in an exclusive interview with "morning" that the Iraqi Stock Exchange from the first five stock exchanges in the Middle East that have been used this new system through the development of study design and implementation plan by the market experts in collaboration with the company.
Millionday: NOTE - THIS AFTERNOON IRAQ`S ISX LAUNCHED THE X-STREAM AND IT IS SUCESSFUL AND THE MOST ADVANCED IN THE WORLD
Millionday: " NASDAQ OMX "as well as the market work on the development of Hardware - software with global companies," NASDAQ OMX and IBM ", which ended in accordance with the tests a success, he said.
He said Abdul Salam that the market has to conduct technical tests on the beta versions of the system as well as the its training and testing of a group of employees and brokers as trainers for the purpose of training intermediaries and authorized stressing make amendments to the filing system to comply with the "X-Stream" system
Millionday: NOTE -- THEY HAVE BEEN TESTING THE OMX PLATFORM OF THE NEW YORK STOCK EXCHANGE AND HAVE COMPLETED THOSE TESTS -- THEY WERE A SUCCESS AS WELL –
NOW THEY WILL BE TESTING THE TRAINING AND TESTING THE STOCK MARKET EMPLOYEES AS WELL
Millionday: said Abdel-Salam said the market was operating in accordance with the electronic trading system Horizon until the end of October 2014, pointing out that the user and system in place by most Arab and European bourses returned him a success according to electronic trading rules.
He said the stock market managed according to this system of building a data center Data Center as the first information and the data center in Iraq,
which became the basis for the deployment of circulating information in stock prices and increasing stock turnover and attract Iraqi, Arab and international investments for trading on the Iraq Stock Exchange, he said.
Millionday: SO AS WE SEE HERE -- THEY PLANNED ON RUNNING THE TESTS WITH ALL STOCK MARKETS UNTIL YESTERDAY AND PLANNED ON LAUNCHING IT TODAY WITHIN THE COUNTRY AND ALL RUNNING HAS BEEN REPORTED AS A SUCCESS –
NOW THEY ARE MAKING SURE ALL THE EMPLOYEES ARE IN PLACE AND TRAINING WAS DONE PROPERLY AS WELL
Millionday: OH AND WHOOOOPOW
MArco: Was yesterdays price feed problems
MArco: related to to the new dinar value
Millionday: YESTERDAY ON THE ISX -- THEY STATED >>Sorry for the lack of updated prices during the session and that the presence of some of the reforms in the service price.
Millionday: SO MARCO THE STATEMENT WAS THAT THE PRICES WERE NOT UP TO DATE DUE TO THE REFORMS THAT ARE TAKING PLACE -- SMILE
MArco: OK I think I read more into that then thanks
Millionday: YW ALL THE TIME -- I THINK IT WAS A SIGN THAT THEY WERE CHANGING THIS OVER BUT THEY DID NOT REPORT IT IN INK
golfmanone: So you are saying the training has been done as well? Could the rate change on any day or just the start of a month? Above you indicated training WAS done.
Millionday: GOLFMANONE THIS IS ALL FOR YOUR ??
Millionday: and implementation plan by the market experts in collaboration with the company. " NASDAQ OMX "as well as the market work on the development of Hardware –
software with global companies," NASDAQ OMX and IBM ", which ended in accordance with the tests a success, he said.
Millionday: SO FIRST PART IS THAT ALL EQUIPMENT WAS TESTED AND IS DONE AND CORRECT
Millionday: AND ALSO -- THIS IS THE LAST PART THAT WAS DONE BEFORE IT WAS LAUNCHED TODAY >>>He said Abdul Salam that the market has to conduct technical tests on the beta versions of the system as well as the its training and testing of a group of employees and brokers as trainers
for the purpose of training intermediaries and authorized stressing make amendments to the filing system to comply with the "X-Stream" system
Millionday: SO THE LAST PART IS TESTING THE TRAINED EMPLOYESS AND BROKERS
AND ALSO GAVE POWER TO MAKE CHANGES WITHIN ITS OPERATION (ISX) SO THAT IT WORKS WITH THE X-STREAM AS THEY MOVE FORWARD (COMPLIANCE) AND (COOPERATION)
MArco: wow again thanks great explanation
Millionday: GOLF -- THIS WOULD MEAN THAT THEY HAVE IT HOOKED UP AND ARE NOW USING EXPERTS THAT ARE THERE TO MAKE SURE THE BUILDING AND EMPLOYEES ETC ARE READY TO GO GLOBAL
carpet: million day even thou this info from the isx is great it still the cbi who pushes the button or is in control right?
Millionday: CBI HAS THE POWER AND JOB OF CHANGING AND RELEASING THE SET RATES FOR THE COUNTRY`S EXCHANGE RATES
maine: how long can this system stay like this without an active rate for the dinar? and how long is the training?
Millionday: THE TRAINING HAS ALREADY BEEN GOING ON AND IS BEING CHECKED ALONG WITH THE BROKERS AND ALSO THE SYSTEM HAS BEEN LAUNCHED WITHIN THE COUNTRY
BUT WILL NOT GO GLOBAL WITHOUT THE REALITY RATES FOR THE GLOBAL CURRENCIES -- THEY TESTED UNTIL YESTERDAY AND NOW THE SYSTEM TESTING IS DONE --
slh5282: SO THE INSTALLATION IS COMPLETE AND NOW TRAINING IS IN PROCESS, ANY IDEA AS TO THE LENGTH OF TIME FOR THE TRAINING TO BRING THE SYSTEM TO FULL IMPLEMENTATION
Millionday: THE TRAINING HAS BEEN DONE AND NOW THEY ARE TESTING ALL THE EMPLOYESS AND BROKERS AND ALL INVOLVED TO MAKE SURE THEY KNOW WHAT TJHEY ARE DOING –
THEY HAVE EXPERTS THERE TO ENSURE THAT ALL TRAINING IS COMPLETE AND GREAT EMPLOYEES ARE IN THE NEW BUILDING
TheShoe: So do you think the CBI is just waiting on ISX to be ready to open globally?
Millionday: I DONT KNOW THAT THEY HAVE BEEN WAITING -- I THINK THAT A PLAN THIS BIG IS RIGHT ON TIME -- HOWEVER THEY WOULD WANT THE RATES TO BE SET FOR ISX TO GO GLOBAL LOGICALLY TO ESTABLISH REVENUES FOR THE ISX ITSELF
Millionday: SO KNOW THIS IS ABSOLUTELY HUGE AND I AM GOING TO SHOW YOU WITH THE NEWS WHY I SAY THAT
Millionday: UNDERSTAND THAT THE PLACES THAT HOLD THE RATES FOR CURRENCIES WILL ALL AT ONCE SHOW THE RATES FOR THE DINAR WHEN THEY GO GLOBAL AND ALSO KNOW THAT THE LARGEST PRODUCT A COUNTRY HAS IN A MARKET ECONOMY IS THEIR CURRENCY AND THEY WANT TO SELL IT --
slh5282: THIS IS MIND BOGGLING IT IS SO HUGE
Millionday: ONE OF THE PLACES IT WILL SHOW IS THE COUNTRY`S BANK (CBI) ANOTHER IS THE STOCK MARKET AND IRAQ HAS THIER OWN AS WELL (ISX) –
IT WILL ALSO SHOW IN FOREX--LONDON - AND ANY EXCHANGE SERVICE ETC
Millionday: BRB WITH MORE -- AND THIS IS IMPORTANT - THANK YOU FOR FOLLOWING THE RULES AND PLEASE CONTINUE -- SMILE
Millionday: NASDAQ WAS CLOSED YESTERDAY
Millionday: ALSO HERE IS NASDAQ DEFINED BY THEM >>The first electronic stock market listing over 5000 companies.
The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies.
Millionday: BRB WITH MORE NEWS
Dinar Dave: So why does it show trading from yesterday???
Millionday: NASDAQ REPORTS THAT THEY WERE CLOSED ON OCTOBER 31ST, 2014 -- WASNT THAT YESTERDAY ? OR DO I HAVE THE DATES CONFUSED
Millionday Dinar Dave: I WOULDNT TELL YOU WRONG HUN >>>http://www.nasdaq.com/
Millionday BRB WITH MORE NEWS
Millionday: AL-NAJI said the coalition of state law, that the financial dispute and file of the Peshmerga forces of the most prominent and the most important points listed on the negotiations between the federal government and the Kurdistan region's agenda, to be resolved quickly
Millionday: SMILE --
Millionday: NOTE -- OBVIOUSLY WE LIKE THE CONTINUED RUSH THEY ARE SHOWING US
Millionday: The leadership in the coalition MP Ibtisam al-Hilali in a statement to "Khandan", "The differences and issues the relationship between the federal government and the province for many,
and must be resolved because survival is positive for the political process generally and the country,
"adding that" the National Alliance, as well as the federal government seeks to resolve these outstanding, especially the financial budget on the export of oil and the salaries of the staff of the provincial file issues,
and also the status of the Peshmerga forces. " .
She noted that "round PUK delegation to Baghdad and his meeting with the leaders of political blocs and their leaders, is a positive step to find a ground to resolve these differences."
Millionday: SO THEY DID HAVE THE MEETING WE EXPECTED AND READ ABOUT TODAY AND KURD DELEGATION WAS THERE AS WELL
Millionday: OK BRB WITH MORE NEWS
Millionday: WHOOOPOW HOW AN I GOING TO BRING ANY BETTER THAN THE ISX NEWS ? LOL WHOOOPOW --
Millionday: HOLD ON TO YOUR HAT
Millionday: NOTE -- THIS WAS DONE ON --- 9/11 LAST YEAR
Millionday: Post-trade processing provider MarkitSERV today announced that it has connected to NASDAQ OMX, in order to deliver foreign exchange (FX) trades for clearing.
Providing clearing connectivity to NASDAQ OMX, quantifies MarkitSERV as the first middleware provider to deliver FX trades to the firm which provides systems to assist with financial transactions performed on exchanges, mainly located in the Nordic and Eastern European region.
Millionday: now if you think about the report we just read and the region that was helping with the testing other than us --- THIS IS EXCITING
Millionday: AND IRONIC WITH THE DATE DONT YOU THINK
Millionday: SMILE -- BRB WITH MORE
Millionday: NOTE -- THIS WAS DONE ON MONDAY
Millionday: THEY ANNOUNCED IT TODAY
Millionday: Announced that the Ministry of Interior , on Monday, announced the launch of "the largest and most important" port border with Iran , in what was considered to meet levies and taxes at the border crossings is illegal and unconstitutional.
Said Undersecretary of the Ministry of Interior Affairs, the Federal Security Agency team Ali Hussein Rahima al-Saadi said in a statement seen by "Alsumaria News",
"border crossings is an important and vital of the Ministry of the Interior, and comes importance as the gates with the neighboring countries of Iraq through the reception of arrivals and departures for our country, and a center trade exchange between Iraq and the countries of the region and the world. "
Millionday: NOTE -- VERY INTERESTING THAT THE PORT WAS OPENED ON MONDAY FOR HUGE TRADE AS THEY ARE EXPECTED TO USE IRAQ AS A HUGE TRADE HUB -- CUSTOMS BUILDINGS ARE COMPLETE AND READY AS WELL
Millionday: And between that Saadi "work circles border crossings advantage of the federal nature of the Fed, and this circuit has jurisdiction over all the provinces and territories,
and therefore became a subsidiary of the ministry, told the affairs of the Federal Security Service."
And regarding the fulfillment of levies and taxes in ports, confirmed compassionate that "this action is illegal and unconstitutional, is not linked to the Ministry of Interior,
but requires legislation constitutionally and legally from higher authorities in the government, and in the case of the issuance of this legislation will be the Ministry of the Interior as an executive, is obliged to implement the laws passed, Otherwise it is illegal procedures and unconstitutional. "
Millionday: NOTE -- ALL THE LAWS HAVE TO BE IMPLEMENTED AT THE SAME TIME OR THIS IS THE RESULT SO WE COULD EXPECT THAT THEY HAVE OPENED BUT HAVE NOT LAUNCHED AS OF MONDAY DUE THIS FACT
Millionday: He said al-Saadi that "there is a plan with the ministry to develop ports and construction of ports, typical, and work is continuing on that",
pointing out that it "will be the opening of the port Mandali border with Iran will be one of the largest and most important ports for its proximity to the capital, Baghdad, and the presence of good roads and secure link with the two sides."
And associated Iraq with neighboring countries through 13 outlets in addition to the five border ports and air ports, five Navy and the main border crossings with Iraq's neighboring countries are newborn and Rabia with Syria , and Trebil with Jordan , and port Arar with Saudi Arabia.
Millionday: SO AS WE SEE THEY WILL BE EXPANDING DUE TO THE VERY LARGE AMOUNT OF OUTLETS THEY HAVE PLANNED FOR MASSIVE TRADE WITH THE GLOBE AND THE REGION -- SO THE CROSSINGS ARE NEW AND WILL BE USED
Millionday: BRB WITH MORE
Comments may be made at the end of Part 2 thank You