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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Eel Electric LLC, a resident of the Agdam Industrial Park, has completed 85 percent of the construction of its power distribution equipment and power sockets plant, the Ministry of Economy announced on Monday.
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The State Tax Service (STS) of Azerbaijan has issued an urgent warning to citizens regarding a surge in fraudulent activities exploiting the name of the country's VAT refund project. According to the STS, cybercriminals have been creating counterfeit websites and online pages that closely mimic the official internet resources of the State Tax Service, luring unsuspecting citizens with promises of VAT refunds.
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On July 30, a meeting of the Working Group on "Inflation and Price Monitoring" was held under the chairmanship of the Head of the Cabinet of Ministers, Rufat Mammadov, to discuss price changes in Azerbaijan's consumer market and the government's anti-inflationary measures this year.
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Azerbaijan's foreign trade balance showed a positive surplus of $4 billion in the first half of 2024, according to data from the Central Bank of Azerbaijan (CBA) on the parameters of the interest rate corridor.
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