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Market-making of Azerbaijan’s Bank Standard suspended

Business Materials 19 May 2016 15:18
The market-making activities of Azerbaijan's Bank Standard have been suspended since May 18
Market-making of Azerbaijan’s Bank Standard suspended

Baku, Azerbaijan, May 19

By Azad Hasanli - Trend:

The market-making activities of Azerbaijan's Bank Standard have been suspended since May 18, said the message from the Baku Stock Exchange May 19.

The reason for making such a decision is that according to the new trading rules of Baku Stock Exchange, only investment companies can carry out market-making activities, said the message.

Bank Standard was founded in 1995. Currently, it is one of the largest private commercial banks of Azerbaijan.

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