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Baku Stock Exchange and Ä°nvestAz sign agreement on provision of liquidity

07 October 2013 11:35 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. Today, Baku Stock Exchange and Ä°nvestAz have signed a market-maker agreement on liquidity. According to the agreement, Ä°nvestAz will be provider of liquidity on instruments in transactions of the Forex market on the basis of Meta Trader 4 platform.

The document was signed by BSE’s chairman of board Emin Muradov and director of InvestAz Elshen Guliyev. The company will provide purchase and sale prices on 3 Contracts for Difference on 44 currency pairs and precious metals and other commodities. The prices will be announced within 24 hours in 5 days of the week. Liquidity provider will organize calculations on transactions within the country’s territory.

Meta Trader 4 trade platform has been coordinated in accordance with the demands of local financial market participants. The innovative technical solutions used in preparation of the platform let data protection and security, sustainable operation of the system, and also the implementation of settlements across the country.