Azerbaijan extending use of exchange trade system: head of State Committee
Azerbaijan, Baku, May 7 / Trend , N.Ismayilova/
The Baku Stock Exchange (BSE) and depositors are planning to create an e-interface to the end of the summer, head of the State Securities Committee (SSC) of Azerbaijan Rufat Aslanli said.
"Brokers and dealers will be able to use an exchange trade system from distance," Aslanli said.
This is the first step to automation of trade, he added.
BSE transferred to the new trade system last year. The Moscow INIST company is the provider of software of the trade system.
BSE has launched a deep modernization of technical means program (server complex, software), as its trade system is outdated. Nine years have past, but the term of service of servers is 6-7 years.
Technical re-equipment of the trade system will extend exchange capabilities.
The Moscow INIST company supplied software also to the Baku Interbank Stock Exchange.Do you have any feedback? Contact our journalist at: [email protected]