Azerbaijan, Baku, Sept. 23 /Trend E. Aliyev/
The State Committee for Securities (SCS) of Azerbaijan restored broker and dealer activity of Xalq Kapital LLC on the basis of company's appropriate appeal, a report of the SCS circulated on Monday said.
Today some 15 licenses for broker activity, 14 - for dealer activity, three - for depository activity, two - for clearing activity, one - for professional activity at the stock exchange, two - for keeping the register of security holders are in the force in the securities market of Azerbaijan.
In August 2012 the corresponding licenses of five members of the Baku Stock Exchange (BSE) were revoked.
Only local organizations can become members of the stock exchange. BSE membership fee is 60,000 manats.
The Baku Stock Exchange currently has 19 shareholders, taking into consideration the Istanbul Stock Exchange. The authorized capital of the BSE is 1.2 million manats.
The official exchange rate for September 23 is 0.7844 AZN/USD.
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