CBA BOARD ISSUES LICENSES TO ARMENIAN STOCK EXCHANGE AND CENTRAL DEPOSITORY OF ARMENIA
ARKA
Dec 2, 2008
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.