Teheran, 26 May 2005 - AtosEuronext, a leading international IT provider serving capital markets, has been selected by the Tehran Stock Exchange (TSE) to provide electronic trading, 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 of about $45 billion.
The agreement includes the licence, the implementation and the maintenance contracts for:
â¢ NSC, the electronic trading system based on the European Market Model and used by world-class stock exchanges in Europe, America and Asia
â¢ Aramis, the Market Supervision System
â¢ SARA, the AtosEuronext G30-compliant solution for clearing, settlement and depository
â¢ Trading workstations including online trading
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 Solutionsâ will pave that road."