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Trading at Astana International Exchange jumps y-o-y

Finance Materials 7 July 2021 15:45 (UTC +04:00)
Trading at Astana International Exchange jumps y-o-y

BAKU, Azerbaijan, July 7

By Nargiz Sadikhova - Trend:

The total traded value of Astana International Exchange (AIX) was $21.9 million equivalent to 9.3 billion tenge in June 2021, Trend reports citing the AIX.

Trading volume on AIX for the first half of 2021 amounted to $101.9 million, which is four times more than last year ($25.5 million).

“AIX is proud to report a 4-time year-on-year increase in trading turnover thanks to a strong investor appetite for corporate bonds and a steady growth of the equities market. AIX has now become a well-trusted Exchange that both investors and issuers turn to meet their investment and financing needs,” CEO of AIX Renat Bekturov stated.

AIX was formed in 2017 within the Astana International Financial Centre development framework. AIX shareholders are AIFC, Goldman Sachs, the Shanghai stock exchange, the Silk Road Fund, and NASDAQ, which also provides the AIX trading platform.

The exchange operates within a regulatory environment based on the principles of English Law, thus providing a reliable investment environment. The mission of AIX is to develop an active capital market in Kazakhstan and the region by providing clear and favorable conditions for attracting financing to private and public businesses. AIX develops special segments for mining companies as well as infrastructure projects under the Belt and Road initiative.

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Follow the author on Twitter: @nargiz_sadikh

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