Baku Stock Exchange forms competitive prices
Azerbaijan, Baku, Sept. 22 /Trend, N.Ismayilova/
The process of improving the trading platform on the Baku Stock Exchange (BSE) is completing, the chairman of the State Securities Committee (SSC) Rufat Aslanli said on Thursday.
"Today, the BSE has three trading platforms and improves the platform for open trades conducted by small businesses on the placement and operations of their securities. SCS has concluded appropriate procedures to ensure the formation of fair and competitive prices,"- said Aslanli.
He said a month ago, the SCS, together with brokers and dealers, began testing a new platform and it will be launched during 1-1.5 months.
"Its peculiarity is that every proposal, formed on the market for a certain period, will wait for the formation of an alternative competitive demand, which would enable an investor, interested in purchasing any tool, to get enough information about it, timely send this request to trading system," he said.