Baku Stock Exchange ready to launch new electronic trading system

Baku Stock Exchange CJSC (BSE) has completed work on a new electronic trading system, Oktay Gasimov, the chief commercial administrator of BSE, told Report.

"The system has already been formed and is functional. Today, we're just talking about connecting to it remotely. In other words, market participants and investors should be given the opportunity to connect to the exchange through mobile applications of investment companies. We have almost completed the work here as well. Tests have been fully implemented and the system operates in real-time. Investment companies connect to the system according to their internal technological readiness level. Connection has already been implemented in 2 companies," Gasimov noted.