Announcement

Collapse
No announcement yet.

Armenian Stock Exchange Renamed NASDAQ Omx Armenia

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Armenian Stock Exchange Renamed NASDAQ Omx Armenia

    ARMENIAN STOCK EXCHANGE RENAMED NASDAQ OMX ARMENIA

    ARKA
    Jan 28, 2009

    YEREVAN, January 28. /ARKA/. Armenian Stock Exchange (Armex) open
    joint stock company was renamed as NASDAQ OMX Armenia open joint
    stock company.

    Marketing and Communication Department of NASDAQ OMX Armenia reported
    that the legal name change was recorded by the Central Bank of Armenia
    and became effective as of January 27 2008.

    "The legal name change is another logical step towards the full
    integration of Armex and CDA into the global family of NASDAQ OMX
    companies - with all benefits that this process will have for the
    Armenian market," says the report.

    Back in summer 2008, the Armenian Stock Exchange and the Central
    Depository of Armenia (CDA) replaced their old logotypes with the
    NASDAQ OMX logotype.

    "NASDAQ OMX Armenia will carry on with its efforts to improve
    the exchange trading environment and services rendered to market
    participants and issuers - to establish a trusted and liquid
    marketplace that meets the needs of customers in Armenia and beyond,"
    the report says.

    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.

    The NASDAQ OMX Group, Inc. is number one in worldwide listin gs among
    major markets - currently the number of companies is over 3,900 and
    it keeps growing. NASDAQ OMX technology supports the operations of
    over 60 exchanges, clearing organizations and central securities
    depositories in more than 50 countries. ($1=305.17Drams).
Working...
X