Financial

Amman Financial Market

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Amman Financial Market (AFM)

Established in 1976, the AFM is the only stock exchange in Jordan.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Amman Financial Market

A securities exchange in Jordan. It was established in 1976 and traded in stocks, government and corporate bonds, and negotiable certificates of deposit, among other securities. It was the only exchange in Jordan and was replaced by the Amman Stock Exchange in 1999.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
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More recently, the governing body of the Amman Financial Market has sought to strengthen the trading environment by introducing a number of new measures to restrict speculation in equity trading, including a price fluctuation ceiling of 5%, and a prohibition on short selling.
Jordan: boom or blip?
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