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A new specialized company penetrates stock market in Azerbaijan

A new specialized company penetrates stock market in Azerbaijan

04 November 2009 16:47 (UTC +04:00)

Baku. Nijat Mustafayev - APA-ECONOMICS. Azerbaijanâ€™s State Committee for Securities (SCS) has issued a license to Xalg Capital LLC for professional broker-dealer activities, as well as the management of securities.

The committee has issued special permit â„– 044811 for brokering, â„– 044809 for dealer activities, and â„– 044810 for management of securities.

There are 14 brokers, 12 dealers and 3 stock managers in the country.

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