FEAS Yearbook FEAS Yearbook 2020 | Page 35

Yearbook 2020

Armenia Securities Exchange

Key Highlights of the year 2016 2017

Tapping into

new growth

opportunities.

Armenia Securities Exchange modernized the government bond auction platform with QUIK software by ARQA Technologies. The platform transforms the placement and buyback processes for government bond transactions. the system will become the base and platform for developing secondary market and exchange services including the launch of new services.

Armenia Securities Exchange and Armenia’s Ministry of Finance have developed gp.minfin.am to give individuals an opportunity to buy and sell Gbonds online.

In 2019 the number of transactions on gp.minfin.am has grown by 52%, while the trade volume shows a rise of 86% as compared to 2018 results. This means there is an increased interest towards investing in Gbonds.

From recent developments in the local corporate bond market and adoption of new technology by the stock exchange to prospects for becoming an exchange of choice across asset classes in the region, Hayk Yeganyan, CEO at Armenia Securities Exchange (AMX), shares insights and provides a look at future plans.

Find the full interview here

Year in review

About Company

Established: 02.12.2008

CEO: Mr. Hayk Yeganyan

Address: 26/1 Vazgen Sargsyan str., 5th floor, Erebuni Plaza Business Centre, Yerevan 0010, Armenia

Working Hours: 9:00 - 18:00

Contact Name: Ms. Naira Harutyunyan

Email: [email protected]

Website: www.amx.am

- Joined FEAS in 1995 as Founding member -

Mr. Hayk Yeganyan

Chief Executive Officer

Despite the hard times related to COVID 19 and Karabakh war, AMX has carried out successfully its functions in 2020 and had important achievements, such as:

-Bonds listed at AMX have cross-listed for the first time ever at a foreign exchange.

-FundNet platform was designed with the aim to support registering non-contractual investment fund (ACIF) online and remotely.

-The Eurasian Development Bank signed a Grant agreement with AMX and will provide funds for software and technological modernization of the AMX.

-blog.amx.am was launched enhancing the creation of content hub and joint awareness center for Armenian securities market.

-Armenia Securities Exchange was rewarded Best Securities Exchange South Caucasus 2020 by Global Banking and Finance Review

FEAS Talks with Mr Yeganyan