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Number of professional securities market participants is unchanged in Azerbaijan

Business Materials 3 November 2009 14:31 (UTC +04:00)

Azerbaijan, Baku, November 3 / Trend N. Ismayilova /

According to the Azerbaijani State Committee for Securities, the number of professional securities market participants hits 33 in late September. This number was not changed compared to August 2009 and reduced compared to 36 for the same period of 2008, the committee said.

There are about 33 professional participants operating in Azerbaijan today. About 13 licenses have been given for broker activity, 11 - for dealers' one, 2 - registrars, 1 - stock exchange, 2 - securities governance, 1 - clearing activity and 3 - depositary activity. 

About 48 certificates have been given for professional activity for reporting period compared to 67 for the same period of 2008.  

On November 3, the official exchange rate is 0.8033 manat to $1.

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