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Azerbaijani investor talks automation of derivative transactions in capital market

Finance Materials 25 January 2021 14:35
Azerbaijani investor talks automation of derivative transactions in capital market

BAKU, Azerbaijan, Jan. 25

By Zeyni Jafarov – Trend:

Derivative transactions on the securities market of Azerbaijan are an agreement between two parties, based on which the parties undertake or acquire the right to transfer a certain asset or amount of money within a specified period at an agreed price, a source in the local investment company Unicapital OJSC told Trend on Jan.25.

According to the company representative, a distinctive feature of derivatives is that the total amount of liabilities on them is not related to the total amount of the underlying asset circulating on the market. Asset management is a widespread and broadly used type of service in international practice.

The source said that there are electronic platforms for trading securities and derivative financial instruments in many world investment markets. At Unicapital, these trading transactions are carried out through the UTrader Workstation electronic platform, which provides issuers with direct access to 135 financial markets in 33 countries, including the US, with the ability to purchase and buy tens of thousands of financial instruments. Besides, the platform provides 24/7 access to market data. The client is given the opportunity to conduct trading operations with various financial instruments, including stocks, bonds, options, futures, metals, and currencies.

"When reviewing the international capital market, it can be noticed that people in developed countries widely use electronic platforms providing the investment market services. In Azerbaijan, this area is quite new, but despite this, compared to previous years, demand for automated projects here has increased," added the source.

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