CBA board issues licenses to Armenian stock exchange and central depository of Armenia

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03.12.2008, 18:13

Board of the Central Bank of Armenia re-registered and issued a license to the Armenian Stock Exchange (Armex) open joint stock company and the Central Depository of Armenia open joint stock company.

YEREVAN, December 3. /ARKA/. Board of the Central Bank of Armenia re-registered and issued a license to the Armenian Stock Exchange (Armex) open joint stock company and the Central Depository of Armenia open joint stock company.

The respective decision was made at yesterday’s sitting of the CBA Board presided over by the CBA Chairman Artur Javadyan, the CBA Press Service reported.

Armenian Stock Exchange (Armex) is a self-regulating organization registered in Armenia on February 13 2001 embracing 21 dealer organizations. On November 9 Armex was reorganized to an open joint stock company. OMX has been the 100% owner of Armex and the Central Depository since January 7 2008.

The Central Depository of Armenia (CDA) is an organization that keeps register of securities, carries out clearing and mutual settlement functions. The CDA was reorganized from a self-regulating organization to an open joint stock company on November 9 2007.–0—

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