A Memorandum of Understanding (MoU) was signed between Tehran Stock Exchange (TSE) and Lahore Stock Exchange (LSE) on 9th February 2011. The MoU was signed by the CEO& President of TSE, Mr. Hassan Ghalibaf Asl, and Managing Director & CEO of LSE, Mr. Aftab Ahmad.
The MoU aims at strengthening and widening mutual understanding and cooperation between Tehran Stock Exchange and Lahore Stock Exchange, especially in the areas of technology, launching new products, reporting and information dissemination procedures, market making, exchange of information and/or experts, preparing environment for participating two markets brokers in each other markets. It also intends to spread awareness of the legal infrastructure available in both markets, as well as investment opportunities.
The MoU will ensure a periodic exchange of information between TSE and LSE and encourage collaboration between brokers in both markets. The MoU serves as a basis for performing mutual training courses for both exchanges’ experts and other market participants, such as brokers and investors