Amman Stock Exchange

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Amman Stock Exchange (or ASE for short) is a stock exchange private institution in Jordan. It is named "Amman", after the country's capital city, Amman.

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[edit] History

The ASE was established in March 1999 as a non-profit, private institution with administrative and financial autonomy. It is authorized to function as an exchange for the trading of securities. The exchange is governed by a seven-member board of directors. A chief executive officer oversees day-to-day responsibilities and reports to the board. The ASE membership is comprised of Jordan's 65 brokerage firms.

[edit] Operations

The ASE operates a bond market and an equities market. The equities market is divided into a First Market and a Second Market. The ASE's stock indices include the ASE Unweighted Index and the ASE Market Capitalization Weighted Index.

[edit] See also

[edit] External links

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