 NASDAQ OMX Armenia to start working directly with potential issuers July 1, 2010 - 17:23 AMT PanARMENIAN.Net - CEO of NASDAQ OMX Armenia Armen Melikyan said that Armenia was the first among CIS countries to host OMX stock operator. Meanwhile, the country’s government and Central Bank have assisted considerably the development of securities market, Melikyan told Cbonds Russia & CIS Fixed Income Conference on July 1. He advised potential issuers to undergo listing in Armenia, as the tariff policy is rather attractive here. Referring to the stock’s plans, Melikyan attached importance to introduction of a new trade system and depository system, as well as transfer to T+3 mechanism, as the technical equipment of NASDAQ OMX Armenia should be on an appropriate level. Melikyan also stated that NASDAQ OMX Armenia will start working directly with potential issuers, explaining the “rules of play.” According to the CEO, earlier brokers and investment banks were responsible for it, but they have not displayed appropriate activity. Besides, NASDAQ OMX Armenia will be working on attraction of new IPO to the Armenian capital market. Melikyan believes that there are great opportunities in the consumer field, specifically among supermarkets.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news About 173 million drams and more than 30 beneficiary funds. "The Power of One Dram" is 4 years old  In June 2020, the exclusive joint corporate social responsibility initiative of Idram and IDBank "The Power of One Dram" was launched.Aliyev travels to Turkey at Erdogan's invitation On June 10, Azerbaijani President of Azerbaijan Ilham Aliyev will leave for Turkey on a working visit.CSTO budget “to be adjusted due to Yerevan’s non-payment of contributions” The CSTO budget for the current year requires adjustments due to the refusal of Yerevan to pay their share of contributions.Russia sends note of protest to Armenia over envoy’s trip to Ukraine’s Bucha Russia has sent a note of protest to Armenia over the visit of Vladimir Karapetyan and Tigran Ter-Margaryan to Bucha. |
