EghtesadOnline: Iran Mercantile Exchange plans to expand its underlying assets based on new financial instruments, the IME chief said.
EghtesadOnline: The Iran Mercantile Exchange intends to diversify the market by offering a variety of trading instruments in the new fiscal that started on March 21, the CEO said.
EghtesadOnline: The total value of Iran Mercantile Exchange trading in the previous fiscal (March 2018-19) rose 52% compared to the earlier year to reach 1,786 trillion rials ($13.5 billion).
EghtesadOnline: Managing director of Iran Mercantile Exchange says the commodity bourse is ready to host the trade of cryptocurrencies and also tap into the potential of blockchain technology in enhancing commodity trade.
EghtesadOnline: More than 1.9 million tons of commodities worth over 77 trillion rials ($616 million) were traded during the calendar month ending on November 21 at Iran Mercantile Exchange, registering 14% growth compared to the month before.
EghtesadOnline: The competitive ceiling for steel prices on the Iranian Mercantile Exchange is to be removed, according to a letter written by Deputy Industries Minister Jafar Sarqeini wrote to Hamed Soltaninejad, chief executive of IME.
EghtesadOnline: New developments in the Iranian capital market seem to have stemmed in large part in the mercantile exchange. The same trend was seen last week with the oil-product pricing conundrum.