Iraq Stock Exchange E-Trading Update
Last June 06 I posted a memo about the company called The OMX Group being awarded the contract to set up the electronic trading platform for the Iraq Stock Exchange in Baghdad. The OMX Group is still currently working on the electronic system for the ISX.
Acdc has received an update to this operation of getting the ISX up and operational in a electronic capacity and information received from a credible source is the electronic trading platform will not be ready and fully tested until May 2007. They are expecting the electronic platform to be ready and fully operational in June 2007, if everything goes according to plan.
This is still positive for all you investors already investing and trading in the ISX. It gives you more time to invest more funds and make gains from now until next May when the electronic trading starts we all hope inside Iraq.