Iran's bourse plans to expand its fledgling derivatives market by launching options in the coming months despite the cold shoulder traders have given to single stock futures.
Tehran Stock Exchange, whose operations are limited mostly to stocks, warrants and bonds, introduced single stock futures in July 2010 to help diversify, vowing to add options and stock index futures as next steps in the development of the country's capital markets.
Bourse officials have promised to launch the options by October but market analysts say the introduction could be delayed to the end of this year.
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