The head of the Securities and Exchange Organization stated in the unveiling ceremony of the oil and methanol contracts market at the Energy Exchange: Transparency in transactions in the commodity field is considered an irreversible path that must be continued.
According to Eshghi, the companies that were able to offer their products in commodity markets will benefit from this opportunity. In addition to the fact that the supply of products in commodity exchanges makes prices transparent.
The Securities and Exchange Organization continues its follow-up
The head of the Stock Exchange and Securities Organization also said in the continuation of his speech: More than one third of the companies present in the Tehran Stock Exchange are related to petrochemical and chemical products. When these joint-stock companies launch their products in this market, there is no longer any concern in terms of price and transparency.
He stated: The Stock Exchange and Securities Organization is following up its actions in line with the supply of manufactured goods in commodity markets. In the past months, when gas export faced challenges, natural gas supply also faced problems, which were resolved with the follow-ups of the Securities and Exchange Organization.
Smartening of derivative trading tools is on the agenda
The head of the Securities and Exchange Organization stated: The long-term solution is to determine the price internally and regionally. We at the Securities and Exchange Organization and the Energy Exchange are trying to solve the needs of companies through various financial tools.
Eshghi stated that one of the challenges is the issue of intelligentization of derivative trading instruments and said: I want the CEOs related to this field to do all their actions in this direction in the best way.
According to the head of the Stock Exchange and Securities Organization, we will do the necessary follow-up to update the regulations and laws written in the field of goods, because now the beneficiaries of the capital market have become numerous.
Eshghi expressed his hope that with the launch of futures trading in the energy exchange, Iran can become a reference in the field of energy in West Asia.