تاثير فناوري اطالعات بر بازار اوراق بهادار ايران‌: (حجم مبادالت‌، ناپايداري بازده و نقدينگي‌)

The Impact of IT on Iran Stock Exchange Market: (Trades Volume, Outcome Instability, Liquidity)

Since 1997, Iran Stock Exchange made use of advanced IT-using internal networks, internet and local networks, etc in itʹs plannings. Could advanced IT affect on trade aspects like trades volume, yield instability, cash on hand and efficiency of market? This paper is going to elaborate effects of advanced IT on Iran Stock Exchange Market. Investigation of daily data of 56 companies in stock exchange market related to 2000 and 2003 has been evidenced of that, advanced IT causes some rises in trades volume and cash on hand. And little augmentation in output continuous correlation shows that market has become more inefficient, but reduction in extension and increasing in bump indicate the improvement in Iran stock exchange market information structure.