ARMENIA MAY BECOME LEADING CAPITAL MARKET IN THE REGION

/PanARMENIAN.Net/
12.06.2009 13:33 GMT+04:00

/PanARMENIAN.Net/ RA Central Bank has registered the new Charter of
the "Central Depository of Armenia" OJSC. Under the new document,
"NASDAQ OMX Armenia" OJSC has become its new shareholder.

According the information released by "NASDAQ OMX Armenia", the
transfer of CDA shares to NASDAQ OMX Armenia (both part of the NASDAQ
OMX Group, Inc.) completes the integration process between the stock
exchange and Central Depository, enabling the companies to achieve
maximum operational synergies. Both CDA and NASDAQ OMX Armenia will
continue providing services under the brand NASDAQ OMX, realizing
the company’s vision of making Armenia the leading capital market in
the region.

NASDAQ OMX Group Inc. is the world’s largest exchange company. It
delivers trading, exchange technology and public company services
across six continents, and with over 3,900 companies, it is number
one in worldwide listings among major markets. NASDAQ OMX technology
supports the operations of over 60 exchanges, clearing organizations
and central securities depositories in more than 50 countries.

In January 2008, Nordic exchange operator OMX Group acquired 100% of
shares of Armenian Stock Exchange (Armex) and the Central Depository
of Armenia (CDA). After NASDAQ and OMX companies’ merging in February
2008, NASDAQ OMX Group, Inc. became the sole owner of Armenia’s stock
exchange and central depository.

From: Emil Lazarian | Ararat NewsPress