Bourse new regulations to be effective as of August 4

By JT - Jul 14,2016 - Last updated at Jul 14,2016

AMMAN — The Amman Stock Exchange (ASE) market will start applying regulations on trading stocks of companies that are not listed on the ASE, known as OTC (Over the Counter), on August 4, according to an ASE statement.

It will also start applying 2016 regulations on securities’ listing on the ASE market. The recently adopted regulations, prepared in cooperation with the Jordan Securities Commission and the Securities Depository Centre, meet international standards, ASE CEO Nader Azar said. Technical adjustments have been made so that the ASE electronic trading system may cater to the new services.

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