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Azerbaijan developing stock market with introduction of derivative financial instruments

Economy Materials 10 October 2024 15:54 (UTC +04:00)
Azerbaijan developing stock market with introduction of derivative financial instruments
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, October 10. The next stage of development of the stock market in Azerbaijan will be associated with the introduction and expansion of the use of derivative financial instruments, Chairman of the Board of the Baku Stock Exchange Ruslan Khalilov said during the "INMerge Innovation Summit" organized by PASHA Holding for the fourth time in Baku today, Trend reports.

"An equally important task is to enhance financial literacy. Companies entering the market with securities issuance must not only provide the public with information about their financial performance but also share their development plans, which fosters greater trust from investors and the community," he pointed out.

This summit, organized by PASHA Holding, aims to contribute to the development of the innovation ecosystem in the country, bringing together startups and investors to provide opportunities for collaboration, as well as creating a platform for exchanging ideas and experiences among all participants in the innovation ecosystem.

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