Kazakh Central Depository granted membership of Central Depository of  Armenia 

ArmInfo.  The Central Depository of Kazakhstan (CDA) has become a member of the Central Depository of Armenia (CDA) system, opening a personal account (depot account) of a nominal holder. This membership is important for deepening the interaction between the capital markets of the two countries and expanding access  to the securities markets. This is noted in a joint statement of the Armenian Stock Exchange and the Central Depository of Armenia.

Clients of the Central Depository of Kazakhstan will now have access  to corporate and government securities of Armenia. This will allow  CDA clients to use the advanced services of the Central Depository of  Armenia.

Through membership in the CDA system, the Central Depository of  Kazakhstan seeks to provide its clients with new investment  opportunities and a high level of interconnection of securities  market functions.  "This is an important step towards the integration  of the financial sectors of the two countries, contributing to the  development of capital markets and expanding investment opportunities  in both Armenia and Kazakhstan," said CDA CEO Ani Makaryan.

The Central Depository of Armenia (CDA) provides clearing and  settlement, asset servicing and registration services, which allows  Armenian and international partners to carry out their current work  more efficiently. CDA is also the custodian of accumulated pension  funds in Armenia and the registrar of participants.