Dinar Recaps

View Original

News, Rumors and Opinions Monday AM 1-30-2023

Note: This was originally posted in 2019.

Nasdaq signs new agreement with the Iraqi Stock Exchange

Nasdaq Inc. (Nasdaq:NDAQ) and the Iraq Stock Exchange (ISX) have signed a new agreement to extend their market technology relationship.

As part of the agreement, Nasdaq will continue providing ISX with matching engine and central securities depository (CSD) technology. This new agreement marks the next chapter of a technology partnership between Nasdaq and ISX which originated in 2007.

Taha A. Abdulsalam, CEO, Iraq Stock Exchange, said:

"We are pleased to build on our successful partnership with Nasdaq. Using Nasdaq's market technology is a clear indication to investors, regulators and other exchanges that Iraq will bolster its efforts into becoming an important financial center for regional and global businesses."

See this content in the original post

Michèle Carlsson, Managing Director, Nasdaq in the Middle East and Africa, said:

"By upgrading to the latest Nasdaq technology, ISX will be joining a community of exchanges deploying high-end, multi-asset trading technology that complies with international standards. We look forward to supporting ISX as they continue evolving and innovating their marketplace."

(Source: Nasdaq)

https://www.iraq-businessnews.com/2019/07/22/nasdaq-signs-new-agreement-with-iraq-stock-exchange/

What Is Nasdaq?

Nasdaq is a global electronic marketplace for buying and selling securities. Its name was originally an acronym for "National Association of Securities Dealers Automated Quotations"—Nasdaq started as a subsidiary of the National Association of Securities Dealers (NASD), now known as the Financial Industry Regulatory Authority (FINRA). Nasdaq was launched after the Securities and Exchange Commission (SEC) urged NASD to automate the market for securities not listed on an exchange. The result was the first electronic trading system. Nasdaq opened for business on Feb. 8, 1971.1

Key Takeaways

Nasdaq is an online global marketplace for buying and trading securities—the world's first electronic exchange.

It operates 29 markets, one clearinghouse, and five central securities depositories in the United States and Europe.

Most of the world's technology giants are listed on the Nasdaq.

https://www.investopedia.com/terms/n/nasdaq.asp

************

KTFA:

KandG:  It looks like the ISX today is another date that meant nothing.  Us newbies really have to quit hanging our hat on a date as the "ole" timers are well seasoned to this roller coaster.  

The Snod:  Most dates have proven fluid, yet the activity we are witnessing is very, very  significant.  Particularly, the de-dollarization we are seeing.  That is fantastic for us…imo

Blazedesboy:  On top of what's stated above, most are missing ISX going international makes the IQD a convertible currency; rate/project to delete zero's will follow soon

************

Courtesy of Dinar Guru

Mnt Goat  ...Banks don’t get notified, get it!   This would be called “insider trading”. The US Treasury is not going to notify the banks prior to a rate change of any of the currencies. Yes, the QMF does show a new rate for the IQD and it was $3.80 last time I checked. But this does not mean this is the rate they will necessarily show on FOREX.  ...

Frank26  [Iraq boots-on-the-ground report]   FIREFLY: This new app the CBI is now talking about, why do all that to check the status of the exchange rate if nothing is going to change the rate?  This is huge deal to tell us we can access from our phone.  We know the rate is changing and that's why they want us to look and constantly be aware because the moment it changes we are to run to the banks.  FRANK: ...It's stupid for them to tell you to look at the exchange rate in your app when you know damn well the exchange rate is killing you...Why are they telling you to do this It's to prepare you...this is all part of the monetary reform education.  It is marching forward...

See this content in the original post

MARKETS A LOOK AHEAD: The Market Can RUN But It Cant HIDE.

Greg Mannarino:  1-29-2023

https://www.youtube.com/watch?v=GePOGeE02os

XRP is the Bridge to our New Gold-Backed Financial System~ Mel Carmine & Dr. Kia Pruitt

1-29-2023

Intel starts about minute 3:40

In this interview, Dr. Kia Pruitt interviews, Mel Carmine, the XRP Guru, and host of XRPQFSTeam1 You Tube Channel! Mel shares information about XRP and other digital assets, why these are important and how to protect these digital assets.

https://www.youtube.com/watch?v=32vNI29Ezhc

See this content in the original post