Baku Stock Exchange has been granted the right of use and the provision of third party trading platform Meta Trader 4, which allows for active trading on the international financial markets, Turan was told in the BSE.
Through this platform the Exchange offers individual and institutional investors trading FOREX, as well as contracting price difference (CFD) for base metals and other commodities. The proposed trading system has advanced technological features and fully meets the requirements of the local financial market participants. Settlements on operations will be conducted in Azerbaijan.
Investors can trade 24 hours 5 days a week. Trading liquidity will be provided by market makers of the Exchange. -08D--
Economics
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Turkey is in talks with the United States seeking an exemption from sanctions imposed on Russia’s Gazprombank, a key financial institution for energy transactions, to maintain gas payments to Russia, Energy Minister Alparslan Bayraktar said on Tuesday.
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Kazakhstan is charting an ambitious course to transform its oil export infrastructure, aiming to increase annual shipments via the Baku-Tbilisi-Ceyhan (BTC) pipeline by more than thirteenfold—from the current 1.5 million tons to an estimated 20 million tons. The bold strategy, presented by Energy Minister Almasadam Satkaliyev during a parliamentary session, underscores Kazakhstan’s intent to become a major player in the energy supply chain stretching from Central Asia to Europe.
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Two new vice presidents have been appointed at BP's Azerbaijan, Georgia, and Turkey (AGT) region division, according to a press release from BP-Azerbaijan.
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Data on Azerbaijan's oil exports for January-October 2024 reveals a significant drop in both volume and value compared to the same period last year, highlighting the challenges facing the oil-dependent economy. The country exported 495,484.05 tons of oil products worth $309.02 million, a decrease of 40.3% in value and 40.7% in volume compared to 2023, when exports totaled 925,225.07 tons worth $572.21 million.
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