Amman Stock Exchange (ASE) is a stock exchange private institution in Jordan, based in Amman.
History
The ASE was established in March 1999 as a non-profit, private institution with administrative and financial autonomy. It is authorized to function as an exchange for the trading of securities. The exchange is governed by a seven-member board of directors. A chief executive officer oversees day-to-day responsibilities and reports to the board.[1] The members of ASE are Jordan's 68 brokerage firms.
Amman Stock Exchange became state-owned company under the name "The Amman Stock Exchange Company (ASE Company)" on February 20, 2017.[1][2]
The ASE is committed to the principles of fairness, transparency, efficiency, and liquidity. The exchange seeks to provide a strong and secure environment for its listed securities while protecting and guaranteeing the rights of its investors. To provide this transparent and efficient market, the ASE has implemented internationally recognized directives regarding market divisions and listing criteria.