to report «iusnews»; An algorithmic trading technology developed in Shiraz has attracted the attention of BFAM Partners, a Hong Kong-based investment fund, for a potential acquisition or commercial licensing arrangement following its entry into international business network
The product was developed by the Maxi startup in cooperation with a Turkish company and was previously introduced through the Enterprise Europe Network (EEN) to explore international business and technology partnership
Current discussions are focused on the system’s performance, its applicability in international markets, and the possible structure of a technology transfer. Based on an initial expert valuation, and considering the commercial potential of the technology and the rights that may be transferred, the value of a potential ons transaction is estimated at approximately USD 3 million to USD 5 million
In this project, Amir Naser Hojati played a central role in developing the trading strategies, a process that has evolved over approximately 15 years. The software development phase took around two years and was carried out by a technical team that includes graduates of Shiraz University and Sharif University of Technoloy
If a transaction is concluded at this level, it could represent a notable example of private-sector technology exports from Iran and demonstrate the potential for exporting specialized software and technical know-how to international markets
