Three professional securities market participants signed an agreement that will create a platform for exchange trading of derivative securities on the basis of currency and goods.
Under a tripartite agreement signed between Baku Stock Exchange (BSE), the National Depository Center (NDC) and the brokerage company Invest-AZ, new liquidity exchange instruments will provide the broker and outstanding balances will be made by the NDC.
In BSE told Turan, that the agreement was signed on March 19th, and a number of leading financial institutions have joined this document.
Recall that in 2013 created the BSE platform Meta Trader 4. New exchange instruments will be implemented through this platform.
Company Invest-AZ received a broker-dealer license to perform professional activities in the CBA in 2013. It has not shown itself in the government and corporate securities.
Derivative securities are financial securities whose value is derived from the value and characteristics of another security (the underlying asset). -08D-
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