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FinancialNews
31-08-20
Rejection trading account required for second ETF guaranteeing
(MENAFN) On Sunday August 30 ISNA accounted that rejection trading account is entailed for guaranteeing to buy the shares of four major refineries that are heading for be presented through Iran's second exchange-traded fund (ETF).
The guaranteeing process, which started on last Wednesday will carry on for two weeks waiting Wednesday September 9, and whereas there is no require for having a trading account at the first step, the candidates for business the shares throughout this ETF can do the guaranteeing by their national ID code and then open trading account in the pending months.
The shares will be tradable one month subsequent to the guaranteeing is completed.
ISNA accounted that the government shares in Tehran, Tabriz, Isfahan, and Bandar-Abbas refineries will be presented throughout this EFT, at the Tehran Stock Exchange (TSE) which is the major stock exchange of Iran.
MENAFN3108202000450000ID1100720968
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