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Baku Stock Exchange Holds Talks with JP Morgan and CitiGroup

Business Materials 29 June 2007 17:52 (UTC +04:00)

Azerbaijan, Baku /corr. Trend I.Khalilova / The Baku Stock Exchange (BSE) has begun talks with JP Morgan and CitiGroup to sign broker contracts on the opening of REPO accounts, said the Chairman of the BSE, Khayal Abdinov. "I think that by the end of this year, these investors will have an opportunity to sign contracts in Azerbaijan's security market. Presently we are actively working with CitiGroup and are in the stage of concluding a contract," Abdinov said. Presently the list of investors who wish to join Azerbaijan's security market is broad.

The BSE is providing open, necessary information on Azerbaijan's security market.

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