A capital market expert stated that anyone can establish a brokerage with an initial investment of 10 billion tomans and by providing certain infrastructural requirements in terms of location and human capital. However, established brokerages are traded at higher prices based on their value-added services, number of clients, financial turnover, and profitability.

EghtesadOnline: Brokerage companies handled 4,525 trillion rials ($37 billion) worth of stock market trade during the first eight months of the current fiscal year (March 21, Nov. 21) and 29% of the total was processed by five firms.