请输入您要查询的百科知识:

 

词条 Baku Stock Exchange
释义

  1. Activity

  2. History

  3. Management

      Organizational structure  

  4. Bell events

  5. Trading hours

  6. See also

  7. References

  8. External links

{{Infobox exchange
|name = Baku Stock Exchange
|nativename = Bakı Fond Birjası
|logo =
|image =
|type = Stock Exchange
|city = Baku
|country = Azerbaijan
|coor =
|founded = February 15, 2000
|owner =
|key_people = Vugar Namazov (Acting Chairman of the Board)
|listings =
|mcap =
|volume =
|indexes =
|homepage = www.bfb.az
|footnotes =
}}

The Baku Stock Exchange (BSE) ({{lang-az|Bakı Fond Birjası, BFB}}) is the main stock exchange in Azerbaijan. A member of the Federation of Euro-Asian Stock Exchanges (FEAS), BSE is organized in the form of a closed joint stock company with 20 shareholders.[1]

Activity

Baku Stock Exchange trades short-term treasury bonds, common stocks (primarily from former state-owned enterprises that have been privatized, including food and beverage, construction and banking companies), and foreign currency futures.[2]

BSE carries out trading corporate securities. Trading, on primary and secondary markets of government securities (T-bills of the Ministry of Finance of Azerbaijan and banknotes of the Central Bank of Azerbaijan) are carried out solely at BSE. The state regulatory authority for the stock exchange and the Azerbaijani securities market is the Financial Markets Supervisor Authority.

BSE's activity is regulated by the following legislative acts and documents:

  • The Civil Code of Azerbaijan
  • The normative-legal acts of the State Committee for Securities of Azerbaijan
  • The internal rules of BSE

History

Initiative group for establishment of the Stock Exchange was organized on 25 December 1999.[3] Baku Stock Exchange began its operations on February 15, 2000 with the support of the State Committee for Securities of Azerbaijan. The first trading operation at the stock exchange was carried out on September 1, 2000.[4]

Corporate bonds started to be traded on BSE in January 2004. The first equity trade on Baku Stock Exchange was carried out in April 2004. Central Bank began to trade its Notes on Baku Stock Exchange on September 14, 2004. Azerbaijan Mortgage Fund started to trade its bonds on BSE in June 2009. Market maker institution of BSE was established in January 2013. Derivative financial instruments started to be traded on BSE in March 2014.[3] BSE introduced Centralized Trade Platform – CETA in February 2016. SOCAR bonds began to be traded on BSE in October 2016.[5]

Management

The current head of the Board of Directors of BSE is Vugar Namazov since January 2017.[6]Supervisory Board is headed by Fariz Azizov.[7]

Organizational structure

Bell events

Opening and closing bells on the BSE symbolize the beginning and end of each trading day of securities. As trading transactions are carried out electronically, bell ringing ceremonies are only used to keep the tradition. These ceremonies are conducted to highlight important events regarding the stock market, as well as to bring attention to social affairs. The first bell event was organized on February 17, 2006 on BSE to introduce CETA (Centralised Exchange Trading in Azerbaijan) in the framework of the project “Modernization of Capital Markets”.[9]

Another event was conducted on March 9, 2017 with the attendance of BSE in “Ring the Bell for Gender Equality” initiative to raise the awareness of gender equality organized by UN Women, IFC, Sustainable Stock Exchanges Initiative, Women in ETFs and World Federation of Exchanges.[10][11]

Trading hours

The exchange's normal trading sessions are from 10:00 a.m. till 1:00 p.m. and from 2:15 p.m. till 4:00 p.m. (local time, UTC+4) from Monday till Friday. The exchange is closed for the following days: Saturday, Sunday and official non-working day declared by the Government for public holidays.[12] The detailed schedule of trading hours is as follows:

Trading hours on Baku Stock Exchange [13]
Secondary marketDerivative market
Equity marketDebt instruments marketRepo market
Continuous trading10:00-13:00; 14:15-15:4510:00-13:00;

14:00-16:00

10:00-13:00; 14:00-16:00

24/7

Auction09:30-10:00

14:00-14:15

15:45-16:00

Allotment11:00-13:00;

14:00-16:00

See also

  • State Committee for Securities of the Azerbaijan Republic
  • List of stock exchanges
  • List of European stock exchanges

References

1. ^Sovereign-publications.com - Baku Stock Exchange {{webarchive|url=https://web.archive.org/web/20060908044740/http://www.sovereign-publications.com/bse.htm |date=2006-09-08 }}
2. ^{{Cite web|url=http://bfb.az/eng|title=BSE - Markets and instruments|last=|first=|date=|website=bfb.az|language=en|archive-url=|archive-date=|dead-url=|access-date=2018-05-21}}
3. ^{{Cite web|url=http://bfb.az/eng/tarixce/|title=Milestones in BSE’s history|last=|first=|date=|website=Official website of Baku Stock Exchange|language=en|archive-url=http://bfb.az/eng/tarixce/|archive-date=2018-05-21|dead-url=|access-date=2018-05-21}}
4. ^{{cite web|url=http://www.azerbaijan.az/_StatePower/_CommitteeConcern/_committeeConcern_e.html|title=STATE COMMITTEE FOR SECURITIES UNDER THE AUSPICES OF AZERBAIJAN REPUBLIC|last=|first=|date=|website=www.azerbaijan.az|archive-url=|archive-date=|dead-url=|accessdate=2010-12-15}}
5. ^{{Cite web|url=http://bfb.az/tarixce/|title=BSE — History|last=|first=|date=|website=official website of Baku Stock Exchange|language=Azerbaijani|archive-url=http://bfb.az/tarixce/|archive-date=2018-05-21|dead-url=|access-date=2018-05-21}}
6. ^{{Cite web|url=http://bfb.az/eng/idare-heyeti/|title=BSE — Management Board|last=|first=|date=|website=bfb.az|language=en|archive-url=http://bfb.az/eng/idare-heyeti/|archive-date=2018-05-21|dead-url=|access-date=2018-05-21}}
7. ^{{Cite web|url=http://bfb.az/musahide-surasi/|title=BSE — Supervisory Board|last=|first=|date=|website=bfb.az|language=Az|archive-url=http://bfb.az/musahide-surasi/|archive-date=2018-05-21|dead-url=|access-date=2018-05-21}}
8. ^{{Cite web|url=http://bfb.az/teskilati-struktur/|title=BFB — Organizational structure|last=|first=|date=|website=bfb.az|language=Az|archive-url=http://bfb.az/teskilati-struktur/|archive-date=2018-05-21|dead-url=|access-date=2018-05-21}}
9. ^{{Cite web|url=http://bfb.az/7517-2/|title=BSE — Bell ringing|last=|first=|date=|website=bfb.az|language=Az|archive-url=http://bfb.az/7517-2/|archive-date=2018-05-21|dead-url=|access-date=2018-05-21}}
10. ^{{Cite web|url=http://www.sseinitiative.org/gender_equality_2017/|title=2017 Ring the Bell for Gender Equality {{!}} Sustainable Stock Exchanges|last=|first=|date=|website=www.sseinitiative.org|language=en-US|archive-url=http://www.sseinitiative.org/gender_equality_2017/|archive-date=2018-05-21|dead-url=|access-date=2018-05-21}}
11. ^{{Cite web|url=http://bfb.az/eng/ifc-nin-desteyi-ve-baki-fond-birjasi-teskilatciligi-ile-novbeti-birja-acilis-zengi-gender-beraberliyi-barede-melumatliligin-artirilmasina-hesr-edilmisdir/|title=BSE — IFC-nin dəstəyi və Bakı Fond Birjası təşkilatçılığı ilə növbəti birja açılış zəngi gender bərabərliyi barədə məlumatlılığın artırılmasına həsr edilmişdir|last=|first=|date=|website=bfb.az|language=Az|archive-url=http://bfb.az/eng/ifc-nin-desteyi-ve-baki-fond-birjasi-teskilatciligi-ile-novbeti-birja-acilis-zengi-gender-beraberliyi-barede-melumatliligin-artirilmasina-hesr-edilmisdir/|archive-date=2018-05-21|dead-url=|access-date=2018-05-21}}
12. ^{{Cite web|url=http://bfb.az/tez-tez-verilen-suallar/|title=BSE - FAQ - What are the trading hours on BSE?|last=|first=|date=|website=bfb.az|language=Az|archive-url=http://bfb.az/tez-tez-verilen-suallar/|archive-date=2018-05-21|dead-url=|access-date=2018-05-21}}
13. ^{{Cite web|url=http://bfb.az/wp-content/uploads/2015/06/Ticaret-qaydalari.pdf|title=Procedures of trading securities and derivatives on Baku Stock Exchange|last=|first=|date=|website=official website of Baku Stock Exchange|language=Az|archive-url=http://bfb.az/wp-content/uploads/2015/06/Ticaret-qaydalari.pdf|archive-date=2018-05-21|dead-url=|access-date=2018-05-21}}

External links

  • Official site {{az icon}} {{en icon}}
  • [https://web.archive.org/web/20110706144408/http://www.axtaraq.biz/directory/Business/Investing/Baku-Stock-Exchange-l53.html Baku Stock Exchange - General Information]
  • [https://web.archive.org/web/20060923192612/http://www.feas.org/Member.cfm?MemberID=6 FEAS profile]
  • Financial Markets Supervisor Authority
{{Baku landmarks}}{{Stockexchange-stub}}{{Azerbaijan-struct-stub}}

6 : Stock exchanges in Europe|Stock exchanges in Asia|Economy of Azerbaijan|Economy of Baku|Companies established in 2000|2000 establishments in Azerbaijan

随便看

 

开放百科全书收录14589846条英语、德语、日语等多语种百科知识,基本涵盖了大多数领域的百科知识,是一部内容自由、开放的电子版国际百科全书。

 

Copyright © 2023 OENC.NET All Rights Reserved
京ICP备2021023879号 更新时间:2024/11/12 2:47:58