Expert: Artificial Intelligence Provides A Safe Environment For Investors In The Stock Market

Nouri told Al-Furat News Agency that "investment in the Iraqi Stock Exchange depends on several basic conditions to attract investors, foremost among them providing a safe environment by listing the financial statements of joint-stock companies on time," indicating that "the Securities Commission and the Central Bank of Iraq have obligated private sector banks to issue quarterly financial statements to be traded in the market."

He added that "the investment process requires careful monitoring of licensed brokerage firms, as the buying and selling of shares is carried out through them," stressing "the importance of adhering to honesty with the investor in accordance with the instructions issued by the market administration."

Nouri added that "the Financial Disclosure Department at the Securities Commission is responsible for examining financial data before approving its listing," noting that "the main goal of the market and the commission is to stimulate economic sectors by mobilizing and directing investments, stressing that the more investors are protected from fraud, the greater the demand for investment from Iraqis and foreigners."

He explained that "automating stock trading and monitoring brokerage firms facilitates trading operations quickly and securely, which is currently available in the Iraq Stock Exchange through the use of the latest software used in the Gulf markets."

The economist pointed out that "the bottom line is that the use of artificial intelligence ensures the speed of completing transactions within a few minutes, as well as enhancing protection and transparency in stock trading."  LINK