What are some of the services provided by Baku Stock Exchange?
The Baku Stock Exchange provides services in regulation and management of regulated markets, providing necessary conditions for mass securities market and derivatives. Obligations of the Baku stock exchange are regulated by the Law of the Azerbaijan Republic on securities market
What are the guiding trade rules on Baku Stock Exchange?
Trading at Baku Stock Exchange (BSE) is regulated by the Law of the Azerbaijan Republic on securities market, internal rules of BSE and other relevant regulations.
Who can trade on Baku Stock Exchange?
Trading at Baku Stock Exchange (BSE) is regulated by the Law of the Azerbaijan Republic on securities market, internal rules of BSE and other relevant regulations.
Can individuals trade directly on Baku Stock Exchange?
No. İndividuals can only trade through members of the stock exchange.
Who can become a stock exchange member?
According to the Law on Securities, only the legal entities with the license that entitles them to operate as investment companies and those who comply with BSE membership rules can become a member. The BSE currently has 10 members.
Can individuals become a stock exchange member?
No. Only the legal entities with an investment company license can apply for membership or become a member.
Can foreign investment companies become a stock exchange member?
A foreign legal person with a registered representative in Azerbaijan can become a member under BSE membership rules.
Which securities are traded on Baku Stock Exchange?
Common and preference shares of an open joint stock companies, corporate bonds, government bonds, notes, currency and commodity derivatives
Which securities are not traded on stock exchange?
Shares of closed joint stock companies, vouchers, orders, currency
Can I buy gold from stock exchange?
No. The Baku Stock Exchange organizes security trades only.
What should I do to buy a share on stock exchange?
You should contact stock exchange members if you wish to trade securities or buy stocks. A stock exchange member has the right to place orders on trade system and execute transactions on behalf of its customer
Which securities are allotted on stock exchange?
Only the securities offered as part of public offering in line with prospectus
How do I learn about the securities traded on stock exchange and their current prices?
Daily and monthly bulletins provide data on government and corporate securities traded on stock exchange, as well as the current quotations.
What is clearing and settlement?
Clearing and settlement is a necessary process that must be executed following the conduction of a transaction (post trade) in order to enable the transaction to be executed. Clearing is a professional activity that ensures mutual execution of obligations of market participants for the exchange of securities and money (availability of securities for the seller and availability of money for the buyer). Settlement is a process of the completion of a transaction, wherein the seller transfers securities or financial instruments to the buyer and the buyer transfers money to the seller. Only netted money and securities settlement are carried out during mutual clearing of obligations.
How the transactions concluded on the trade platform of Baku Stock Exchange are cleared and settled?
Clearing and settlement is carried out by the National Depository Center (NDC) that holds a relevant license issued by the SCS. The NDC does clearing and settlement on the basis of real time data received from the BSE on concluded transactions
What are the trading hours on BSE?
According to the trading rules, a trade session starts at 10:00 and ends at 16:00, Monday through Friday, break 12:30 -14:15. No trading is held on official non-working days.
Which currency is used for trade on BSE?
Stocks are traded only with manats, trading of corporate bonds are held in dollars, manats or euroes depending on the currency of issuance.
Is it possible to exchange currency on Baku Stock Exchange?
No. Baku Stock Exchange facilitates trading with securities only.
I have some money. Which type of securities and which issuer’s securities should I invest?
Baku Stock Exchange facilitates trade and in accordance with the Law on Securities, under no cicumstances the BSE can provide investment advice to market participants.
What should an issuer do to trade its shares or bonds on stock exchange?
Issuers wishing to offer its stocks or bonds for trade on stock exchange should apply to be listed on the stock exchange.
