Iraq Stock Exchange Electronic Trading Update
As I reported back in Sept the ISX electronic trading still scheduled to be up and running in June 2007. The OMX group and other sub-contractors are working and not as fast due to the deteriorating security conditions in Baghdad. It is hoped to be completed in the second quarter of 07. We sure need it in order for the foreign investors to participate in Iraq’s economy and gain confidence in the market. Then maybe all the Iraqi’s that have left the country will return and become productive citizens. I hope the violence and the killings stop soon.