Stock Market with 19 Companies

This year for professional activities in the securities market four new licenses were granted. In total, according to the State Committee on Securities, there are 38 such licenses.

This year, the stock market has a new company - LLC Invest-AZ, which, along with its subsidiary has acquired three licenses at once. The company, which operates at the Istanbul Stock Exchange, is not active in the local market yet. The National Depository Center in connection with the receipt of the status of the Central Depository has been provided a license for clearing activities.

From the beginning of the year, updated were 4 licenses for broker-dealer business. The company Billionaire lost these licenses, without saying a word on the securities market. Note that actually LLC Garant Invest is inactive, too. Under the law, the controlling structure (SCS) has to verify the professional market in the presence of at least three employees with certificates of competency. According to LLC Garant Invest, it has suspended its activities without notifying the proper order of the SSC.

Note that as of today the securities market has 19 companies, including 15 brokers. The ranking of BSE transactions with government and corporate securities in October included 10 companies. - 08B-