Azerbaijan, Baku / corr Trend I.Khalilova / Gunduz Mammadov, the Chairman of the State Securities Committee at the Azerbaijani President, announced that in the nearest 1-2 years the Azerbaijani securities are expected to enter the Kazakh Regional Financial Center.
"In this respect it is necessary to pass a definite stage, whilst we are not ready for it now," Mammadov stressed.
In this respect it is necessary to develop market of professional participants.
Mammadov said that there problems on admission of professional participants into each others' markets and issues of integration.
The regional financial center is an open system, where several world leading exchanges have been accredited for integration. The financial center is established on the basis of the Kazakh Stock Exchange which is considered as universal. It is actively involved in this process.