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Caspian Financial Ltd leads in Azerbaijan's brokerage services market

Business Materials 7 January 2010 14:04 (UTC +04:00)
In December 2009, Caspian Financial Ltd kept its leading position in ranking of brokers in the government securities market (excluding repo operations market), the Baku Stock Exchange's report says.
Caspian Financial Ltd leads in Azerbaijan's brokerage services market

Azerbaijan, Baku, Jan. 7 / Trend /

In December 2009, Caspian Financial Ltd kept its leading position in ranking of brokers in the government securities market (excluding repo operations market), the Baku Stock Exchange's report says.

BSE reports that, Caspian Financial Ltd headed the ranking of brokers with brokerage services rendered to 5 clients in the total amount of 30.34 million manat. The second leading broker was BoB Broker with brokerage services of 9.81million manat rendered to 5 clients and ceded to leader manat 20.5 million manat.

Brokdil-Az ranked the third brokerage services of 7.97 million manat.

The level of leading amount in the ranking of brokers increased compared to November. So, in November the leading number of brokerage services rendered totaled 16.3 million manat.

Ranking of brokers in government securities market, 2009 December

Current Place
by services volume

Previous Place
by services volume

Brokers

Number of transactions

Number of clients

Sum of brokerage services (manat)

1 (-)

1

"Caspian Financial ltd"

14

5

30,343,673.72

2 (▲)

3

"BoB Broker"

6

5

9,841,291.33

3 (▲)

4

"Brokdil-Az"

4

1

7,968,782.08

4 (▲)

6

"Unicapital"

6

3

6,043,198.88

5 (-)

5

"Tekhnica Capital Management

4

3

3,966,807.62

6 (▼)

2

"Yapi Kredi İnvest"

1

1

2,000,598.60

7 (-)

-

"Kapital Partners"

1

1

1,598,162.06

8 (-)

-

"Chelsi Capital"

1

1

159,200.00

On Jan. 7, the official exchange rate is 0.8030 manat to $1.

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