Amman Stock Exchange

www.ase.com.jo  
Tel : 962 6 566 4109 / 566 4081
Fax : 962 6 566 4071

 

Representatives

Chairman : Dr. Safwan Touqan

Acting CEO : Mr. Nader Azar

 

Types of Securities Traded

Name of Trading Systems

(cash and derivatives)

Trading Hours

Stocks

Bonds

 

 

 

 

Cash Market: NSC V900

No Derivatives Market

 

 

 

Trading Session Phases and Hours for the First & the Second Markets, Right Issues and Bonds Market

 Beginning of Day Inquiry         8:30 – 10:00

Pre-Opening                             10:00 – ±10:30

Opening                                   ± 10:30

Continuous Trading                  ± 10:30 – 12:30

Pre-Closing                              12:30 – ±12:40

Closing                                    ± 12:40

Trading at Last                         ± 12:40 – 12:50

Block Trades                            12:50 – 13:00

Post Session                           13:00

 

Trading Session Phases and Hours for the Third Market

Beginning of Day Inquiry           08:30 – 09:45

Pre-Opening                             09:45 –±09:50

Opening                                   ±09:50

Continuous Trading                   ±09:50 – 10:10

Pre-Closing                               10:10 - ±10:15

Closing                                     ±10:15

Block Trades                            12:50 - 13:00

Post Session                            13:00

 

 

 

 

 

Supervisory Body

Jordan Securities Commission

 

Name of Clearing & Settlement Organization

Securities Depository Center

 

Settlement Cycle

Stocks: T+2

 

Name of Central Securities Depository

Securities Depository Center

 

Commissions on Transactions levied by Exchange

-       Commissions of 0.0005 of the market value of traded securities from each contracting party.

-       Commissions of 0.0001 of the market value of traded bonds from each contracting party.

 

Taxes on Dividends, Interests

No taxes on dividends.

No taxes on bonds.

 

2013 Share ownership thresholds (%)

Jordanian investors: No thresholds

Non Jordanian investors: Shall not exceed 50% of the capital of some specific sectors.

 

Short selling (Yes / No)

No

 

Short selling conditions (if any)

-

Holiday
1st January
24th January
1st May
25th May
7th August
8th August
9th August
10th August
14th October
15th October
16th October
17th October
18th October
4th November
25th December
31st December
This page was last updated on: 07/10/2013 - 16:38