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Country risk 2008:

Country risk 2008:

Bi-annual Country risk survey monitoring political and economic stability of 185 countries

The US treasury market reaches breaking point

The US treasury market reaches breaking point

The structural issue that could cause the world's market of last resort to grind to a halt

September 2004

Tehran Stock Exchange's Hossein Abdoh Tabrizi: Impressive performer with ambitious plans

by Kate Luxford

Hossein Abdoh Tabrizi obtained a doctorate in finance from the Manchester Business School in 1977. He has been secretary-general of the Tehran Stock Exchange since May 2003 and is also a member of the exchange's high council. He speaks to Euromoney's Kate Luxford.




How has the TSE performed recently?

The TSE has performed successfully during the past two years. In particular, during the past 12 months it has provided very good returns. We are growing in terms of daily transactions, which were up 400% in the past year, and we're now past $45 billion in terms of market capitalization. We are hoping that in the next 12 months we can reach daily transactions of $120 million a day.

Is there a risk of the bubble bursting?

We are always worried about bubbles. If we feel that there is a bubble because there is too much cash, we try to increase supply, mainly helped by the Iranian privatization organization. But there is also a risk of oversupply, and we're trying to balance between two extremes. At the moment, we are asking the listing department to prepare more companies for trading. There is more money...


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