Tehran, May 20, Taliya News – IT Manager of country’s Stock Exchange Market said here Friday stock exchange terminals at homes and offices would be activated by end of current (Iranian) year (1386 – ending on March 21, 2008).
Iranian and US universities IT Professor Faramarz Fat’hnejad focusing on the programming and design of the “Fraud Decreasing Stock Exchange Market” added in an interview with CITNA, “Through this terminal the user can get involved in stock exchange transactions with least interferences of the outsiders, relying on the functions of an automatic, inbuilt, security and supervision software.”
Pointing out that the said terminals have been functional in US and Europe, too, he added, “The high security index of such terminals would lead to increased trust level of the people and investors in stock exchange and related trade transactions, as well as accuracy, and soundness of such deals.
Fat’hnejad further evaluating the terminal, said, “This site would be able to handle over 150,000 transactions per day and the software inserted in it is in accordance with the international standards, which is why Iran Stock Exchange would soon be upgraded to reputable international stock exchange markets.
The Executive Manager of the country’s new electronic stock exchange system meanwhile informed about the possibility of using e-signatures, receiving and depositing money, and e-money, and many other similar financial transactions as other privileges of the home-office stock exchange terminal.