Tehran Stock Exchange Signs MOU with CSE

Tehran Stock Exchange Corporation (TSE) signed MOU with Cyprus Stock Exchange on November 2008. Embracing eleven cooperation areas, the MOU is hoped to be an initiative to expand both Exchanges’ market access, and a means for benefiting the consultancy services and cross-listing of the listed shares in the two stock exchanges. They also agreed to cooperate in various fields of capital market industry, namely exchange of expertise, public information dissemination and technical knowledge, formulating education and exchanging training programs. TSE and CSE are both members of World Federation of Exchanges (WFE).