Interest builds up in trade with Iran in anticipation of a nuclear deal, with British money managers preparing a major entry into the Tehran stock market.

US publication the Desert Sun captured the moment, saying London-based Charlemagne Capital and First Frontier Capital would rather jump the gun than get lost in the rally that could allow Tehran's $110 billion equity market to take off.

Relief from sanctions would triple Iran's economic growth rate, by eliminating restrictions on shipping Iran’s oil exports to the US and Western Europe, while ending the nation's restraint from the global financial and banking systems.

Iran’s commercial development has allowed its 80 million population to achieve a leading business status in the overall Islamic Mideast.

Global economic analysts project that Iran's unfettered economy could grow 6-8% annually when the sanctions are totally voided.

Charlemagne and First Frontier would be using partnerships with local investment companies to facilitate access to the increasing market potential.

This optimistic anticipation by the prospective Iranian partnership is reflected by the Tehran Stock Exchange's main index which had its best month in more than a year lately.

Even with sanctions in place, the Tehran stock market gauge jumped 300% in dollar terms in the five years through 2013.

A foreign delegation of asset managers, including Americans, visited Tehran Stock Exchange for the second time in recent weeks.

Investment managers from Russia, Britain, Egypt, Greece, Switzerland, the US, Turkey, Italy and the UAE visited the bourse and held talks with its chief Hassan Qalibaf-Asl.

Over 400 financial entities are listed on the Tehran Stock Exchange with a market capitalization of more than $100 billion.

Many others are waiting for initial public offering, including refineries, petrochemical plants and other big businesses as part of a massive privatization program.

HB/HB