Reply #31: Questions

[Nederland]

The Petroleum Stock Exchange that Iran plans to create, will it be controlled by the Iranian government? Will the largest oil producer in the world, Saudi Arabia, really like to see power shift to a country of Shiites? Will western investors, who buy the oil, trust this new exchange? Will they believe that all of the international laws that govern international financial transactions be followed and enforced by the Iranian government? What advantages will it hold over the London and Wall Street exchanges? Will it have better technology? Will buyers get a better deal on this exchange than they do currently? If so, why?

I'm sorry, but I simply don't see this new exchange as a threat to any western market makers.