Finance

Finance

Standard Capital tops ranking of brokers in Azerbaijan, March

06 April 2009 07:06 (UTC +04:00)

Baku. Nijat Mustafayev â€“ APA-Economics. In March, according to the calculations by the Analytical Department of BSE, in the government securities market (excluding repo operations market) â€œStandard Capitalâ€ led the ranking of brokers with brokerage services provided to 2 clients in the total amount of AZN 39,577,660.20. The second leading broker was â€œUniCapitalâ€ with brokerage services of AZN 20,129,428.70 provided to 1 client, which is by AZN 19,448,231.50 less than the indicator of â€œStandard Capitalâ€. â€œYapi Kredi Investâ€ held the third place in ranking of brokers with AZN 10,425,625.02.
We should note that in March the leading amount in the ranking of brokers decreased compared to the previous month. So, in February the leading amount of brokerage services provided made AZN 52,057,911.00. Moreover, in March of this year on the above-stated segment of the market the number of brokers rendered services reduced from 9 to 8.

Rank (February, 2009)	Rank (March, 2009)	Brokers	Clients (February, 2009)	Clients (March, 2009)	Sum (AZN)
1	1	Standard Capital	13	2	39 577 660,20
2	2	UniCapital	10	1	20 129 428,70
3	3	YapiKredi Invest	6	1	10 425 625,02
4	4	Brokdil-Az	7	1	10 378 100,16
5	5	BoB Broker	5	1	8 358 926,22
6	8	Texnika Capital Management	9	2	6 824 666,04
7	6	Respublika Invest	3	3	4 310 632,20
8	7	Azerintertrade	6	3	3 596 056,74