Mahmoud Goudarzi


Address No.3, Aminpour Blvd., Saadatabad , Tehran, Iran
Telephone 0098-21-26741151 – 26741171
Fax0098-21-26741171, Ext: 136
Contact Person Mr Mohamad Saheb Bayani

FEAS Membership Status Full member: Joined FEAS in 1995 as Founding member


TSE opened in February 1967. During its first year of activity, only six companies were listed in TSE. Then Government bonds and certain State-baked certificate were traded in the market.

The Tehran Stock Exchange has come a long way. Today TSE has evolved into an exciting and growing marketplace where individual and institutional investor trade securities of over 325 listed companies, 38 Industries, 11 ETFs, 175 mutual funds, 105 brokerage firms, 9 investment banks, 12 portfolio managers, 14 investment advisories.

RegulatorSecurities and Exchange Organization
Instrument ListEquities, Debt, Funds, ETF’s, Derivatives
Trading Hours/SessionsPre-opening Session08:30 – 09:00
Trading Session09:00 – 12:30
Order TypesMarket order / Limit order / Day order/ Session order/ GTC /GTD/ Sliding validity / Block / Large deals
Spreads±5 Equity
±10 Rights
Margin Buying/Short SellingA customized sharia-compliant short selling instrument is available.
OTCIran Fara Bourse
Settlement TypesDVP
Settlement CycleT+2 For Cash market / T+1 For Debt market / T+1 For ETFs market
Settlement CurrencyIranian Rial
Clearing/NettingMultilatteral netting
Cross-border TransactionsYes
Cross-border LinksN/A
Anti-money laundering RequirementsYes
IOSCO MembershipYes (ordinary member)

Working days
Country Iran
Time Zone GMT+4:30
Days Monday / Tuesday / Wednesday / Saturday / Sunday /