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This research will study the invariable and variable factors, whether they are internal factors or external factors, in transaction of Tehran stock exchange by a systematic method. Tehran stock exchange become unappealing for Domestic investors which is because of internal factors so this makes opportunities for foreign investor to become interested in Tehran stock exchange, also the financial crisis of 2007 and independence of Iran's economic on United States as a result of sanctions causeddoi:10.14303/jrief.2014.022 fatcat:5r35xzfe2vhu3jnhokj7qjge7e