About ASE
About ASE
The Amman Stock Exchange (ASE) was established in March 1999 as a non-profit independent institution; authorized to function as a regulated market for trading securities in Jordan.
On February 20th, 2017, the ASE has been registered as a public shareholding company completely owned by the government under the name "The Amman Stock Exchange Company (ASE Company)". The ASE Company shall be the legal and factual successor to the ASE, the Company is governed by a seven-member board of directors with a full time chief executive officer oversees day-to-day responsibilities.
The ASE aims to: operate, manage and develop the operations and activities of securities, commodities, and derivatives markets inside and outside Jordan. It seeks to provide a strong and secure environment to ensure the interaction of supply and demand forces for trading in securities in a proper and fair trading practices, and raising the awareness and knowledge of investing in the financial markets and defining the services provided by the ASE.
The ASE has Continued its strategic planning and prepared its strategic plan the years 2024-2026, which is in line with the ASE's vision of providing an advanced and legislatively and technically distinguished financial market at the regional and global levels in line with international standards in the field of financial markets and contributing to providing an attractive environment for investment. Through reviewing the ASE's objectives and previous strategic plans and analyzing the internal and external environment, the strategic plan included a set of objectives that would contribute to enhancing the economic benefit provided by the ASE and enable it to provide better services.
The objectives of this plan were in line with the Economic Modernization Vision (EMV), as the ASE’s role in this vision comes through the initiative of "deepening and widening the Jordanian financial markets", which came within the priority of future services in the pillar of economic growth.
The plan included three strategic goals, the first aimed to move towards a developed Stock Exchange, while the second goal seeks to develop the investment environment, and the third goal was to enhance the sustainability and development of the market. To achieve the above three goals, the plan included seven initiatives that included the implementation of twenty-five projects during the years 2024-2026.
