Tehran Stock Exchange (TSE) today announced the successful launch of the first phase of its new trading engine, powered by Atos Euronext of France.
The new platform provides rich functionality, flexibility and capacity to manage large transaction volumes.
Tehran Stock Exchange's new trading platform will provide enhanced capabilities for the exchange to encourage better market liquidity and velocity, enhance the dissemination of trading information, increase trading efficiency and quality of market surveillance.
It is also a change in the way investors will trade in the market, where new features will be introduced to benefit investors.
This platform will allow Tehran Stock Exchange to deal with increased volumes and improved performance, as well as continuing to innovate through the launch of new products.
The new trading platform enables TSE to meet the requirement for growth and alignment with international trading also underpins two strategic priorities of Tehran Stock Exchange, that is, international and developed stock exchange.
The platform includes ARAMIS - a new system that is slated to improve the exchange's market surveillance capabilities by providing greater transparency of trades that will allow the market to move more gradually and reduce possible manipulations.