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CSDI Issues 25 New Trading Codes for Foreign Investors in a Month

Central Securities Depository of Iran (CSDI) issued 25 new trading codes for foreign investors over the past Iranian calendar month of Khordad

Central Securities Depository of Iran (CSDI) issued 25 new trading codes for foreign investors over the past Iranian calendar month of Khordad, according to CSDI Director of Shareholders Operations Fariba Akhavan.

In addition to 21 natural shareholders, four legal shareholders also received trading codes from the CSDI last month, so that the number of legal shareholders active in the Iranian capital market reached 82, Akhavan said.

The 21 newly accepted natural shareholders were from Switzerland, Italy, Japan, France, Lebanon, Oman, South Africa, Iraq, China, Pakistan, and Afghanistan, Akhavan added.

She said that the foreign shareholders are actively trading in Iran’s capital market, putting the overall value of their purchases last month at 798 billion rials.

The first trading code for foreign investors was issued for a German company in autumn 1994 and since then some 636 foreign shareholders have received trading codes for activities in Iran capital market.

At present, foreign investors from different countries, including the US, Britain, Russia, Germany, Switzerland, Sweden, Uzbekistan, China, Netherland, India, Turkey, Lebanon, South Africa, Japan, Cyprus, Italy, the UAE, Norway, Greece, Indonesia, Maldives, Hong Kong, Qatar, Iraq, Pakistan, Syria, Luxemburg, Kuwait, New Zealand, Malaysia and Afghanistan are present and are trading in Iran’s capital market.

The names of 34 Iranian investors living abroad can also be seen in the list.

Release Date: 7/3/2016


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