NASDAQ OMX Armenia to launch interne portal for securities trading in 2014

NASDAQ OMX Armenia to launch interne portal for securities trading in 2014

YEREVAN, December 18. /ARKA/. NASDAQ OMX Armenia stock exchange intends launching Internet portal in 2014, the director Konstantin Saroyan said Tuesday.

Thus, the stock dealers will be able to display the quotes for their securities in OTC mode. All the quotes will be available online.

“The stock dealers can enter the quotes on government bonds, for instance, in OTC mode. Any visitor to the website can buy the securities, and we will coordinate the mutual settlements,” he said.
According to him, the government bonds are not mainly purchased by the private investors.

But the important thing here is to make a national brand out of the government bonds.

“If a person in Diaspora wants to help the motherland, he or she can do it while benefiting by buying the bonds,” Saroyan resumed.

NASDAQ OMX Armenia (former Armenian Stock Exchange, Armex), was established in 2001 as a voluntary merger of 21 broker (dealer) companies. In November 2007 the stock exchange was reorganized into OJSC. OMX (current NASDAQ OMX) is a holder of 100% stock of NASDAQ OMX Armenia.

The stock exchange obtained 100% stock of Armenia’s Central Depository. NASDAQ OMX Armenia received a trade license from CBA on November 7, 2005. The trades on the stock exchange were officially launched on 15 November 2005.—0-

18:48 18.12.2012





 

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