Tight Coupling with the Amman Stock Exchange

In order to enhance the procedures of control, risk management and data accuracy in the trading process, the SDC and ASE tight coupling completed the procedures of electronic link between SDC's systems and trading system at the ASE on 22/3/2009 through implementing the electronic system called Central Control Module (CCM) with the aim of improving the technical work environment of capital market institutions by controlling trading operations and reducing the risks associated with them.

CCM is fed with SDC's data in order to organize trading and reduce risks related to trade transactions.

The procedures of risk management are conducted by exchanging information between ASE and SDC and direct verification of selling/ buying orders in terms of securities ownership percentages, account ownership and investors and brokers data. The tight coupling environment reflects positively on the clearing and settlement process at the SDC and reduces risks in the Jordan Capital Market.