From New Year on, BSE will work only with those representatives of brokers and dealers, which it has granted a certificate of accreditation as an authorized trader, BSE reported.
The Exchange Board approved the accreditation rules for traders on their assumption to tender. The same document defines procedures of requests for trading sessions on behalf of the Exchange members and the terms of reference for the implementation of transactions. The exam for the accreditation will be conducted by specialists of BSE.
The current members of BSE are 13 professional participants of the securities market.
Note that the main investors of the securities market in Azerbaijan are financial companies that place free funds in government securities, including bonds of the Mortgage Fund. Transactions with shares are targeted and the Exchange provides a formal platform for their arrangement. --08D--
Economics
-
On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
-
Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
-
Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
-
While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
Leave a review