According to company's registration notification and memorandum, Tehran Securities Exchange Technology Management Company (Corporation) registered on 1st June 1994, number 105299 with former name "Tehran Stock Exchange Service Company" and by Tehran Company Registration Bureau. On 5th June 1994, registration procedures were officially completed and company registration publicly announced in government official journal and widely circulated newspaper. After development of company's strategic plans in line with strategic plans of Securities and Exchange Organization (SEO), expectations in technology areas increased notably and therefore, company's mission and responsibility significantly changed. To reflect new approach in all of company's activities, its name changed on 16th Sep 2006 to "Tehran Securities Exchange Technology Management Company". TSETMC is an abbreviation for company's name.