Membership of the ASE

Estimated Time:

The ASE Board of Directors determines the date for becoming a member after the company completes all procedures.

Location:

Members Division

Estimated Fee:

- Amembership fee of JD (200,000) ,once only, from the companythat  is licensed as a financial brokerage firm.

- Annual subscription fee of JD (500).

1
  • Description
  • Procedures
  • Required Documents
  • Persons benefiting from the service
  • Files
  • Related Services

The brokerage firm becomes a member of the ASE to be authorized to trade in securities through its systems.

Conditions for obtaining service

-Conditions mentioned in Articles (8), (9) and (10) of the ASE’s Internal By-Law. -The financial brokerage firm should get a financial broker or a dealer license from the JSC.

Notes

None

Partner institutions:

None

Procedures

  • Reviewing the membership application to ensure that it contains all required information.
  •  Completing all procedures at the JSC and the SDC.
  • get the approval on membership  of  the ASE Board of Directors and determine a day to start its work.

Required Documents

An application submitted by the company, attached with required documents in Article (9) of the ASE Internal By-Law of the.

Persons benefiting from the service

Brokerage firms

Files

No Found Files

Related Services

  • Electronic Archiving System (Ezpublish)
  • Management Information System (MIS)
  • Technical support for Market Watch online program
  • Back-up Trading floor at the ASE
  • Auditing on the Brokerage Firms Systems
  • Amending the the Internet Trading program
  • Trading Stations
  • Inquiry Stations
  • SMS Notification System of the executed orders
  • Changing the Companys Name
  • Listing of Government bonds, Treasury Bills and Public Institutions Bonds
  • receiving complaints of investors
  • Public Takeover Bid
  • Online Trading Data Dissemination (Feedshop Program)
  • Disseminating data via Ticker Tape on websites
  • Trading Data Dissemination
  • Trading Data Dissemination via mobile phone
  • Trading Data Dissemination via GL screens
  • Trading Data Dissemination via T.V channels
  • Increasing the Company's Capital through Stock Dividends
  • Training students and those who are interested in Securities at the ASE
  • Receiving Delegations from different parts
  • The preparation of the ASE Newsletter
  • Preparing and updating some Introductory brochures for the ASE
  • Organizing Awareness lectures for those who are interested in securities
  • Index Review
  • Annual report of the ASE
  • Trading Reports and bulletins and general information about the listed companies.
  • Answering the inquiries that are received to the ASE
  • Listing of bonds, Treasury Bills and Government Bonds
  • Filling questionnaires received from Arab and international institutions
  • Updating the ASE information on the WFE, FEAS and AFE
  • Providing the AMF with Trading Data
  • Acquisition of a 100% of a company’s capital
  • Activity of non-Jordanian investment at the ASE
  • Merging companies to form a new company
  • Listing of Corporate Bonds Issued by Public Shareholding Companies
  • Decreasing the Capital of a Company
  • Transferring between markets
  • Listing of Islamic Sukuk
  • Listing of Jordanian- Non- Jordanian Closed Investment Fund
  • Practical Training Program on the Electronic Trading System
  • Following up arbitration request submitted according to Amman Stock Exchange directives for dispute resolution
  • Change the Company’s Symbol / Sector
  • Execution of Block Trades
  • Execution of block trades excluded from price thresholds
  • Companies merger when one of them is the merging company and the other is the merged one
  • Capital restructuring
  • Answer the inquiries received from the courts and specialized official parties
  • Increasing Capital by private placement
  • Increasing Capital by Strategic investor or public offering or debt capitalization
  • Internet Trading
  • Transactions to sell securities required upon a court sentence or upon request by relevant official parties
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