Knowledge-Based Companies Allocate 5% of the Stock Market to Themselves

The Head of the Stock Exchange Organization: “Knowledge-Based Companies Allocate 5% of the Stock Market to Themselves.”

According to IDEA, Majid Eshqi, the head of the Stock Exchange Organization, said at the Innovation event: “In the capital market, we believe that we do not have anything as support for knowledge-based companies, and we are more in the process of using the opportunities of companies in the capital market; In fact, knowledge-based companies can create value and help the capital market.”

The head of the Stock Exchange Organization emphasized that knowledge-based companies can create new options for capital investors, and in the past year and a half, there has been a good reception of new investment options in this sector; Therefore, we consider this an opportunity and believe that with the structures created, this is possible.

He pointed out some serious obstacles facing knowledge-based companies: One of the obstacles is related to the common language between the capital market and the innovation ecosystem in the country, which unfortunately is weak.

He emphasized: In the past year, we tried to create this common language by establishing a committee and memorandum of understanding with the Scientific and Technological Deputy of the country to create this common language. Considering the reforms in this sector, we think that a number of funds have the opportunity to enter this cycle and become managers and enter this stage.

Eshqi emphasized: So, our first problem is this, the lack of familiarity that we should try to create two-way familiarity.

He mentioned his meetings with the Scientific and Technological Deputy of the President: Following this meeting, it was decided to amend the regulations for the trustee position in the funds so that more funds could come and receive the position of the manager.

The head of the Stock Exchange Organization and Securities emphasized: We also try to guarantee the necessary guarantees that the fund manager will fulfill his commitment through our cooperation. We also have the readiness in the field of paper guarantee trusteeship; We are ready to accept guarantees from companies that are applying for the issuance of papers through central asset deposit companies.