The
Tehran Stock Exchange (TSE) is
Iran's largest stock exchange, which first opened in 1967. The TSE is based in
Tehran. As of May 2012, 339 companies with a combined market capitalization of US$104.21 billion were listed on TSE. TSE, which is a founding member of the
Federation of Euro-Asian Stock Exchanges, has been one of the world's best performing stock exchanges in the years 2002 through 2013. TSE is an
emerging or
"frontier" market.