Iraqi Association of Security Dealers (IASD)
Mrs. Zahra'a Abd Farhan, 22 year old woman, a wife and a successful business owner of a Salon in Baghdad said,
The growing Iraq Stock Exchange has authorized forty-five security dealer firms to transact business on the Exchange. All of these firms are members of the Iraqi Association of Security Dealers (IASD) in Baghdad. The IASD also serves as a Small Business Development Center in Baghdad managing two training programs for individuals seeking to improve and to start their own businesses.
Functioning since 2006, the Iraqi Association of Securities Dealers (IASD) is helping Iraqi securities dealers to trade electronically after the Iraqi Stock Exchange (ISX) went electronic in April 2009. IASD understood the need of its members and advocated strongly to the ISX to start trading electronically. It also provided suggestions and feedback to the ISX to ensure smooth implementation of Electronic Trading. The electronic trading platform was provided by NASDAQ through an assistance program of the US Government.
Attending the business development course delivered in July by the Baghdad Small Business Development Center (SBDC) was a revealing moment for one of the students. “So far, I was mostly interested in politics. I am now also willing to explore opportunities in the business field”, he confessed to one of the officials of the Iraqi Association of Securities Dealers (IASD), that runs the SBDC program in Baghdad.
In early July of this year, the Iraqi Association of Securities Dealers (IASD) implemented the pilot stage of the Small Business Development Centers (SBDC) Voucher Program. In cooperation with the District Advisory Council (DAC) of Karada, IASD ran a “How to Start-Up or Improve a Business” course for an audience of fifteen. Participants which had been selected by the DAC.