FEAS Yearbook FEAS Yearbook 2013 | Page 27

FEDERATION OF EURO-ASIAN STOCK EXCHANGES ANNUAL REPORT JUNE 2013 BAKU INTERBANK CURRENCY EXCHANGE 8 July 2002 1 January 2006 Creation of the commission on trading limits 9 July 2002 Technical transition of BEST system for using denominated manat Start of Bourse E-System of Trades (BEST) 14 August 2007 24 November 2003 Signing in Baku agreement on mutual cooperation of BBVB with TICEX (Tbilisi Interbank Currency Exchange) Signing in Almati agreement on mutual cooperation of BBVB with KASE (Kazakhstan Stock Exchange) 1 May 2008 16 June 2004 Start of the settlement - trading system of BEST Signing in Baku agreement on mutual cooperation of BBVB with BSE (Bulgarian Stock Exchange) 28 February 2008 31 August 2004 Registration of index AzeriREI developed by experts BBVB 16 June 2005 Signing in Moldova agreement on mutual cooperation of BBVB with MOLDSE (Moldova Stock Exchange) 21 October 2009 FUTURE OUTLOOK 2012 • Development of settlement and clearing services, in particularly software for management of banks trading limits on money and the currency markets; • Improvement of the risk management system in realization of clearing operations; • Further increasing professional skills of Exchange’s personnel; • Development of modern corporate governance principles; • Development of Internet-technologies and e-commerce; • Intensification of activity in organized interbank money market. Introduction of the new tool in the Organized Interbank Money Market Start of the tool - currency swap in Bourse E-system of trade (BEST) CONTACT INFORMATION Contact Name Ms. Gunay Dadashova E-mail [email protected] Website www.bbvb.org PAGE 25