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GENERAL DIRECTOR OF NASDAQ OMX ARMENIA SATISFIED WITH FIRST YEAR OF ACTIVITIES
ARKA
Feb 26, 2009
YEREVAN, February 26. /ARKA/. General Director of NASDAQ OMX Armenia
stock exchange Armen Melikyan believes the first year of the activities
in the country was productive.
NASDAQ OMX's coming to Armenia envisaged stage-by-stage implementation
of programs in Armenia.
The first stage was integration of Armenian structures, of Armenian
Stock Exchange and the Central depository in particular, in NASDAQ OMX
over the first three years, and the results are good for this year,
Melikyan said.
The General Director also pointed out that completion of the
integration process shows that Armenia is able to use NASDAQ OMX
brand. This means that Armenian structures accepted standards applied
in NASDAQ OMX group and conform to them, Melikyan said.
"This was the main task for 2008 and we fulfilled it. In the next
2-3 years steps are to be taken for development of capital market,"
he said.
The NASDAQ OMX Group, Inc. is the world's largest exchange company. It
delivers trading, exchange technology services across the world. With
over 3,900 companies, it is number one in worldwide listings among
major markets.
NASDAQ OMX technology supports the operations of over 60 exchanges,
clearing organizations and central securities depositories in more
than 50 countries.
In January 2008, Nordic exchange operator OMX Group acquired 100%
of shares of the Armenian Stock Exchange (Armex) and the Central
Depository of Armenia (CDA). After the combination of NASDAQ and OMX
in March 2008, Armex and CDA have become fully owned by the NASDAQ
OMX Group, Inc.
On January 27 2009, Armenian Stock Exchange was officially renamed
as NASDAQ OMX Armenia.
ARKA
Feb 26, 2009
YEREVAN, February 26. /ARKA/. General Director of NASDAQ OMX Armenia
stock exchange Armen Melikyan believes the first year of the activities
in the country was productive.
NASDAQ OMX's coming to Armenia envisaged stage-by-stage implementation
of programs in Armenia.
The first stage was integration of Armenian structures, of Armenian
Stock Exchange and the Central depository in particular, in NASDAQ OMX
over the first three years, and the results are good for this year,
Melikyan said.
The General Director also pointed out that completion of the
integration process shows that Armenia is able to use NASDAQ OMX
brand. This means that Armenian structures accepted standards applied
in NASDAQ OMX group and conform to them, Melikyan said.
"This was the main task for 2008 and we fulfilled it. In the next
2-3 years steps are to be taken for development of capital market,"
he said.
The NASDAQ OMX Group, Inc. is the world's largest exchange company. It
delivers trading, exchange technology services across the world. With
over 3,900 companies, it is number one in worldwide listings among
major markets.
NASDAQ OMX technology supports the operations of over 60 exchanges,
clearing organizations and central securities depositories in more
than 50 countries.
In January 2008, Nordic exchange operator OMX Group acquired 100%
of shares of the Armenian Stock Exchange (Armex) and the Central
Depository of Armenia (CDA). After the combination of NASDAQ and OMX
in March 2008, Armex and CDA have become fully owned by the NASDAQ
OMX Group, Inc.
On January 27 2009, Armenian Stock Exchange was officially renamed
as NASDAQ OMX Armenia.