Friday August 5 2016
News Source: Global Exchanges
Focus: Other
Type: General
Country: Jordan
Link: http://www.ase.com.jo/en/launching-first-trading-session-otc-market
Amman Stock Exchange (ASE) has declared that on Thursday 4th August 2016, the first trading session of Over- The- Counter (OTC) Market was launched which came as a result with the enforcement of “The Regulating Directives for Trading in Unlisted Securities for the Year 2016″ and” Listing Securities Directives for the year 2016″.
The OTC Market was introduced to give an opportunity for shareholders of unlisted and suspended companies to sell their shares according to supply and demand and market forces through a specific market on the Electronic Trading System that is efficient and transparent, where the interested parties can watch, sell and buy through their certified broker.
For more information click on the link above