Wednesday, March 31 2021 13:48

The Armenian Stock Exchange is once again recognized as the "Best  Stock Exchange in the South Caucasus"

The Armenian Stock Exchange is once again recognized as the "Best  Stock Exchange in the South Caucasus"

ArmInfo.The Armenian Stock Exchange (AMX) has once again, for the third time, been recognized as the "Best Stock Exchange in the South Caucasus" by the Global Banking and Finance Review magazine.

According to ArmInfo at AMX, the exchange was awarded the best in the  South Caucasus nomination due to such evaluation criteria as  innovation, skill level, etc.It is noted that the technical  capabilities of the exchange are constantly being upgraded, new  trading systems are being successfully implemented, including  auctions for trading government bonds. Today, the exchange is  preparing to implement a new trading system at the expense of funds  provided by the Eurasian Development Bank( EDB), which will  significantly improve the online trading platform for the secondary  market of both corporate debt and equity corporate securities  (shares).

It is noted that in 2020, the Armenian Stock Exchange recorded an  unprecedented increase in the total market value (capitalization) of  traded securities by 47%. The bond market in 2020 was more active  than ever before, both in terms of the number of bonds placed on the  exchange and the volume of transactions. Exchange trading, in  particular, trading in corporate bonds in foreign currency, was the  highest in recent years.