LAHORE – The Lahore Stock Exchange (LSE) and the Tehran Stock Exchange (TSE) have signed an agreement to enhance cooperation between capital markets and Exchanges of the two countries. The signed MoU provides a framework for cooperation and increased assistance in all areas of mutual interest.
LSE MD/CEO Aftab Ahmad and TSE CEO/President Dr Hassan Ghalibaf Asl signed the MOU which was under consideration by Boards of the respective Exchanges for some time. This MoU forms the basis for future sharing of experiences and advancements in the areas of technology, information dissemination procedures, market making, and exchange of information and/or experts.
The LSE and TSE have also agreed to work together in finding ways through which trading floors of both the Exchanges may be opened for investors of both countries. “This MoU is indeed a landmark for capital market of Pakistan. We certainly can learn a lot from the experiences of the Tehran Stock Exchange which is of course a much bigger Exchange than LSE.
Both Exchanges can also work together and build upon the IT strength and leadership of LSE” commented Aftab Ahmed Ch. on this occasion.
