Tabriz Stock Exchange

Tabriz Stock Exchange is a regional securities-market institution located in Tabriz, the capital of Iran's East Azerbaijan province. It opened in October 2003 and is described as Iran's second regional stock-exchange forum. The exchange was established to provide a local venue for securities trading and investor access in northwestern Iran while remaining integrated with Iran's broader capital-market structure. The exchange operates under the direct supervision of the Tehran Stock Exchange. Its relationship with Tehran is not that of an independent national rival: companies listed on the Tehran Stock Exchange are also dual listed on Tabriz Stock Exchange, allowing the regional venue to provide access to the same listed-company universe. Trading therefore functions within the regulatory, listing, and market framework associated with the Tehran exchange rather than through a wholly separate securities ecosystem. When it began operations, Tabriz Stock Exchange worked with 13 stock brokerages. By 2014, the number of brokerages associated with the exchange had increased to 43, indicating expansion in its local intermediary network during its first decade. The exchange was initially managed by Belal Kheyravar. Mohammad Amin Abedini was identified as its chief executive officer in 2014; current leadership is not established by the available reference material. The exchange's trading infrastructure has evolved alongside the systems used in Iran's securities markets. Its initial platform was the AS/400 trading system, which was later replaced by the PAM system. By 2015, the exchange was using the EBS trading system. These changes reflect the modernization and standardization of its electronic trading operations, while its close operational relationship with Tehran Stock Exchange has helped maintain compatibility between the two venues. Tabriz Stock Exchange's principal role is thus regional market access rather than the operation of a distinct product brand. Its activities include facilitating brokerage-mediated trading in listed securities, supporting investor participation in Tabriz and surrounding areas, and providing a local exchange presence within Iran's national capital-market network. Publicly available reference material does not establish a separate proprietary index, a distinct listing segment, a standalone website, or financial performance figures for the exchange.

Tabriz Stock Exchange opened in October 2003 in Tabriz, East Azerbaijan, as Iran's second regional stock-exchange forum. Its creation gave the country's northwestern region a local securities-market venue while keeping the exchange connected to the national market infrastructure centered on Tehran. At launch, the exchange operated with 13 stock brokerages and was initially managed by Belal Kheyravar. The local exchange model was designed to broaden access to securities trading without creating an entirely separate listing universe. Tabriz Stock Exchange operates under the direct supervision of the Tehran Stock Exchange, and companies listed on the Tehran exchange are also dual listed on Tabriz Stock Exchange. This arrangement permits investors and intermediaries in the Tabriz market to participate in trading the same listed companies available through Tehran. The brokerage network expanded during the exchange's first decade. Reference material states that Tabriz Stock Exchange had 43 brokerages by 2014. The same account identifies Mohammad Amin Abedini as chief executive officer in that year. No reliable information in the supplied material establishes the subsequent leadership succession or the current executive team. The exchange has also changed its electronic trading technology. It initially used the AS/400 trading system, later moved to the PAM system, and was using the EBS trading system by 2015. The sequence indicates a transition through successive generations of trading infrastructure, with the exchange's systems aligned with the broader Iranian securities-market environment. Tabriz Stock Exchange's documented history is primarily institutional and operational. It serves as a regional access point for Iranian listed securities, supports brokerage activity in Tabriz, and functions under Tehran Stock Exchange oversight. The available sources do not provide enough information to document independent financial results, major marketing campaigns, specific proprietary financial products, or a separate corporate ownership structure.

• 2015

  EBS trading system in use

  [1]Tabriz Stock Exchangeen.wikipedia.org

  By 2015, Tabriz Stock Exchange had moved from its earlier AS/400 and PAM systems to the EBS trading system.

• 2014

  Brokerage network reaches 43

  [1]Tabriz Stock Exchangeen.wikipedia.org

  Reference material reports that the exchange had 43 brokerages by 2014, compared with 13 at launch. Mohammad Amin Abedini was identified as CEO in the same year.

• 2003

  Exchange opens in Tabriz

  [1]Tabriz Stock Exchangeen.wikipedia.org

  Tabriz Stock Exchange opened in October 2003 as Iran's second regional stock-exchange forum.

• 2003

  Operations begin with 13 brokerages

  [1]Tabriz Stock Exchangeen.wikipedia.org

  The exchange began operations with a network of 13 stock brokerages and was initially managed by Belal Kheyravar.

A regional Iranian securities exchange that extends local investor and brokerage access to the Tehran Stock Exchange market under Tehran's supervision.

• Securities trading · 2003

  Listed-equity trading

  The exchange facilitates trading in listed company securities through its regional market infrastructure and brokerage network. Because Tehran Stock Exchange-listed companies are also dual listed on Tabriz Stock Exchange, the service provides local access to the broader Iranian listed-equity universe rather than a separately documented set of Tabriz-only issuers.

• Capital-market intermediation · 2003

  Brokerage access services

  Tabriz Stock Exchange operates through stock brokerages that connect investors with the exchange's trading system. The brokerage network numbered 13 when the venue opened and was reported at 43 in 2014, making brokerage participation a central part of the exchange's regional-market function.

• Exchange technology · 2003

  Electronic trading infrastructure

  The exchange has used successive electronic trading platforms. Its documented technology progression moved from AS/400 to PAM and then to EBS by 2015. These systems support the exchange's trading operations and are described as aligned with the system used by the Tehran Stock Exchange.

• 2015

  Transition to the EBS trading systemGeneration change

  Background

  The exchange had previously used the AS/400 system and then the PAM system for trading operations.

  Action taken

  By 2015, Tabriz Stock Exchange was using the EBS trading system, matching the documented progression of its electronic-market infrastructure.

  Aftermath

  The available source confirms the system in use by 2015 but does not provide performance measures or further operational consequences.

  Source

1. 1Tabriz Stock Exchangeen.wikipedia.org