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AtosEuronext to Provide Trading, Clearing and Settlement Systems to the Teheran Stock Exchange.


TEHERAN, Iran -- The Tehran Stock Exchange The Tehran Stock Exchange (TSE) (Persian: بورس اوراق بهادار تهران) is Iran's largest stock exchange, which first opened in April 1968. The TSE is based in Tehran.  and AtosEuronext Have Signed an Information Systems Agreement Whereby AtosEuronext Will Provide TSE See Tokyo Stock Exchange.

TSE

1. See Tokyo Stock Exchange (TSE).

2. See Toronto Stock Exchange (TSE).
 with a Full Range of Electronic Marketplace Solutions

AtosEuronext, a leading international IT provider serving capital markets, has been selected by the Tehran Stock Exchange (TSE) to provide electronic trading This article or section is in need of attention from an expert on the subject.
Please help recruit one or [ improve this article] yourself. See the talk page for details.
, clearing, settlement, depository, registry and market control systems to facilitate TSE expansion.

Created in 1968, the Tehran Stock Exchange has been growing continuously since 1993. Today TSE lists more than 420 companies, for a total market capitalization Total Market Capitalization

The total market value of all of a firm's outstanding securities.
 of about $45 billion.

The agreement includes the licence, the implementation and the maintenance contracts for:

--NSC, the electronic trading system based on the European Market Model and used by world-class stock exchanges in Europe, America and Asia

--Aramis, the Market Supervision System

--SARA, the AtosEuronext G30-compliant solution for clearing, settlement and depository

--Trading workstations including online trading Online Trading

Making trades via the Internet.

Notes:
The use of online trading increased dramatically in the mid to late 1990's with the advent of high-speed computers and Internet connections. Stocks, bonds, options, futures, and currencies can all be traded online.
 

Dr. Hossein Abdoh Tabrizi, Secretary General of the Tehran Stock Exchange (TSE) described the collaboration as follows: "Our choice of AtosEuronext was influenced by its strong expertise in stock exchange market related technology. TSE, one of the most active Stock Markets in the region, is seeking to develop its international activities. We hope 'AtosEuronext Marketplace Solutions' will pave that road."

Dominique Brutin, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of AtosEuronext added: "AtosEuronext has a strong presence in the Middle East. Our products are customized to their particular requirements. We are pleased to be able to provide TSE with AtosEuronext marketplace solutions that are being used by leading stock exchanges around the world. We are confident that our solutions will strongly support TSE in its expansion."

About Tehran Stock Exchange

The Tehran Stock Exchange, established in 1968, is one the most performing stock markets in the region. Since the beginning of nineties, the Stock Exchange has expanded continuously. Today, with more than 420 listed companies and a total market capitalisation Noun 1. market capitalisation - an estimation of the value of a business that is obtained by multiplying the number of shares outstanding by the current price of a share
market capitalization
 of more than $45 Billion, the TSE is one of the most attractive stock markets in the region. The TSE recorded an average annual return on investment of more than 65% during the last 3 years.

About AtosEuronext

AtosEuronext is a joint venture, established in 2000 between Euronext, the leading pan-European exchange, and Atos Origin Atos Origin, SA (Euronext: ATO) is an international IT corporation which operates in 40 countries worldwide, with over 50,000 employees.

The corporate headquarters are located in Paris, France and Zaventem, Belgium.
, a leading IT Services company. The pooling of each of the founder's strengths created the leading European player in IT services for the Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 community, with 1,200 employees in Amsterdam, Brussels, London and Paris. AtosEuronext solutions are mainly dedicated to investment firms, exchanges & regulators, clearing houses & depositories, central banks, commercial banks & financial community networking. http://www.atoseuronext.net
COPYRIGHT 2005 Business Wire
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Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 26, 2005
Words:423
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