THE ROLE OF THE DIVERSITY OF SECURITIES TRADED IN THE FINANCIAL MARKET IN ATTRACTING FOREIGN INVESTORS - A COMPARATIVE STUDY OF THE IRAQI STOCK EXCHANGE WITH THE JORDAN FINANCIAL MARKET

Abstract

This study aims to show the importance of diversification of securities in attracting foreign investors to the financial market, because of its great importance in creating investment opportunities for the market and attracting the capital of foreign investors and making it a developed market, and the problem of the study lies in the lack of diversity in securities and the weak turnout of foreign investors In the Arab financial markets and the banking sector in particular, as this study was conducted on the Iraqi Stock Exchange with the Jordan Stock Exchange (2015- 2019), and based on the annual reports of these markets for the banking sector, the study reached a set of conclusions, the most prominent of which was that there was no Diversity in the securities traded in the Iraq Stock Exchange during the study period, as trading in the Iraq Stock Exchange was limited to shares only without taking into account other securities, and as for the Jordan Stock Exchange, there was diversity in its traded securities and was not limited to the type One, but bonds were also traded, in addition to the presence of foreign investors in the Iraqi stock exchange with a number that exceeds the Jordan market As for the most important findings of this study, the diversity of securities had no effect on attracting foreign investors.