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-
Economics
-
The weaknesses of strategic planning in the Azerbaijani land transport sector were revealed during a briefing on improving legislation, which was attended by representatives of the Azerbaijan Land Transport Agency (AYNA) and the Ministry of Digital Development and Transport.
-
The Cabinet of Ministers of the Republic of Azerbaijan has made changes to the existing provisions regarding the approval of construction documentation and the service fees for construction. The amendments are guided by Article 119 of the Constitution of Azerbaijan and are aimed at simplifying processes related to construction permits and operations.
-
The Cabinet of Ministers of the Republic of Azerbaijan has approved a new procedure for the recruitment of medical personnel to medical institutions included in the state healthcare system. The decision, which comes into force on January 1, 2025, aims to enhance the implementation of compulsory health insurance in the country.
-
The Organization of Turkic States (OTS) convened a pivotal meeting in Guba, recently named the agricultural capital, to introduce the "OTS Made" brand for agricultural products. Representatives from the Ministries of Agriculture of Azerbaijan, Turkey, Uzbekistan, Kazakhstan, and the Turkish Republic of Northern Cyprus, along with experts from relevant departments, participated in the event.
Leave a review