Based on the deal signed by IFC’s Managing Director Ali Naqavi and CEO of Inforex Elena Pateropoulou, the center will share data on Iran’s stock trading and financial securities with Inforex that will compile and offer them to foreign investors through its platforms for two years, IFC’s Public Relations Office reported.
Inforex’s product portfolio includes a desktop and web application, financial widgets and an iOS-based application called Inforex Mobile. According to its website, Inforex is an official data vendor of the Athens Stock Exchange, the Cyprus Stock Exchange, CME & Dow Jones, CBOT, NYSE Euronext and Deutsche Borse.
Established in 2007, IFC is in the business of training capital market participants in Iran. It designs and facilitates training programs for regulators, company directors and market professionals. The company’s board is made up of heads of Central Securities Depository of Iran, Iran Fara Bourse, Iran Mercantile Exchange, Tehran Stock Exchange and Iran Energy Exchange, according to Financial Tribune.