Market-making of Azerbaijan’s Bank Standard suspended (UPDATE)
Details added (first version posted on 15:18)
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.