Identification and prioritization of factors affecting on formation of the electronic Stock Exchange market using interpretive structural Modelling and analytical network process of case study: Regional Stock Exchange of Fars Province

Abstract

Establishing electronic stock exchange in the country could be considered a complete sign of new technologies and IT application in the capital market. And will cause providing an investment opportunity for all segments of society in the Stock Market which it is a step in the direction of increasing public participation in the development of national economy. Assess the readiness of the infrastructure required for establishing electronic stock exchange in Iran will lead to the identification of the current status of this infrastructure, and to determine the possibility of setting up electronic exchange, and obstacles and challenges of it. This study focuses on the analysis of influencing factors on development of an electronic stock exchange in the province's regional. This study focuses on the analysis of influencing factors on development of an electronic stock exchange in regional stock exchange of Fars province. The results of this method show that the use of smart cards and electronic money is located on the first level of output in this model. Also, according to the method of network analysis process the use of smart cards and electronic money, and then the costs of electronic money transfers in the country's banking network as compared to other components is very important. For analysis of research output the tools: MS EXCEL and MATLAB and SUPER DECISION were used.