In March 1999
Amman Stock Exchange was founded.The capital of Jordon is Amman, so the stock exchange of Jordon is named after it’s capital city.Amman Stock Exchange is a non-profit making, private institution which have financial and administrative-liberty.It is empowered to function as an exchange of securities for the trading.A Seven-member board of directors regulate the exchange.A Chief-executive officer overlooks day to day duties and reports the board. Jordon’s 52 brokerage firms are the members of Amman Stock Exchange(ASE). The mission of ASE is setting up fair,effective and liquid market for traded seurities.For protecting and guaranteeing the rights of its shareholders ASE attempts to offer a strong and secure setting for its listed securities.To offer see-through and effective market,the exchange has executed internationally accredited directions regarding market divisions and itemaization of criteria. ASE is an energetic member of the Union of Arab Stock Exchages, Federation of Euro-Asian Stock Exchanges, an associate member of the World Federation of Exchanges and an affiliate part of the International Organisation for Security Commisions.
The ASE is stimulating with cheering an active market in itemaization of securities which is stand on the efficient determination of prices and reasonable and see-through trading.While offering modern and effectual amenities for trading ASE is also monitoring and regulating market trading.ASE ensures that the issures get timely information about the market and distribute market information to the relevant people.
History and Origin of Amman Stock Exchange
The Jordon Securities Commission was set up by the securities law for 1997,so that it could supervise and monitor the AFM and ASE was formed.ASE is a non-profit making,private institution with financial and administrative liberty which was founded in March 1999 and it is named after the capital city of Jordon Amman.
Top Investors:
Arab Bank, Arab American Takeful Insurance, TAMR, IEAI, Jordan Telecom, Ad-Dulayl Industrial.
Its Location Details
Office Address:Shmeisani –Islam Ajlouni Street,
Hamzeh Centre ,
4th floor,
Amman,11121,
Jordon
Postal Address: PO. Box 212466,
Amman,
11121,
Jordon
Contact Information:
Tel:+962 6566 -4109
Fax:962 6566-4071
E-mail:mkhatib@ase.com.jo
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