Lecture at the University of Jordan

The CEO of the Securities Depository Center, Samir Jaradat, discussed the restructuring process of Jordan’s Capital Market and the effects of the 1997 Securities Law to approximately 60 students from Jordan University’s Business School on Sunday, May 6, 2001.

After a brief explanation about the Capital Market in general, and the SDC in particular, Mr. Jaradat opened the floor to a discussion with students. Topics ranged from the position of Jordan in the growing trend towards globalization, to investor’s rights in Jordan.

"I appreciate the University’s invitation to speak and enjoyed the students thought provoking questions. This is part of the SDC’s continued efforts to enlighten Jordanians at every level on the Capital Market" stated Jaradat.

The SDC is an independent, non-profit institution that oversees the settlement and transfer of the ownership of securities. The main functions of the SDC are the registration of securities and transfer of ownership. During the first two years of operation, the SDC has simplified the processes of transferring the ownership of stocks. This procedure has established a reputation, both internationally and locally, as a safe and effective method for trading stocks. As well as, created public and investor confidence in Jordan's Capital Market. This restructuring process has ensured the Jordanian clearance and settlement system operates with maximum efficiency and minimum risk.

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