in February 1967, Tehran stock Exchange (TSE) was opened, Government bonds and certain State-baked certificate as the first financial securities were traded in the early stage of Tehran stock exchange development. Today TSE has evolved into the growing marketplace where individual and institutional investor trade securities of over 420 firms.
Financial markets are the systems through which financial transactions occur. These Markets channel the wealth of investors to those who can put it to long-term productive use, making long-term investments. Financial assets, such as a bond, stock, or contract would be exchange between the buyer and seller in this market. Financial markets offer the particular advantages over other data sources. For example the data provided that are correctly recorded, securities prices reflect the situation obtaining at the given point in time.