Market Participants
See also: Bonyad and Social Security Organization (Iran)The Government of Iran directly holds 35 percent of the TSE, while securing another 40 percent through pension funds and investment companies such as the Social Security Investment Company, one of the largest institutional investors on the TSE. Bonyads also play a leading role in TSE trading. In 2005 fewer than 5 percent of Iranians owned stock.
The Government is promoting the shareholding culture in Iran. By March 2010, 3.219 million shareholders had registered in the TSE, with investment firms having 562,375 shareholders, which makes it the "favorite industry" in the stock market. By September 2011, the number of registered shareholders in the TSE had increased to 4.5 million.
Read more about this topic: Tehran Stock Exchange
Famous quotes containing the words market and/or participants:
“Forbede us thing, and that desiren we;
Preesse on us faste, and thanne wol we flee.
With daunger oute we al oure chaffare:
Greet prees at market maketh dere ware,
And too greet chepe is holden at litel pris.”
—Geoffrey Chaucer (1340?–1400)
“A civilization which leaves so large a number of its participants unsatisfied and drives them into revolt neither has nor deserves the prospect of a lasting existence.”
—Sigmund Freud (1856–1939)