In November a bridge for securities between Ukraine and Armenia was created: The National Depository of Ukraine (NDU) has opened a foreign nominee account with the Central Depository of Armenia.
The NDU account with the Central Depository of Armenia provides Ukrainian investors with access to the Armenian securities market, and holders of Armenian securities - with the opportunity to account their securities in their own accounts in the depository system of Ukraine.
In addition, the “link” with the Central Depository of Armenia provides an opportunity to study the experience of our colleagues, the range of services they provide to their clients, as well as the technologies used.
Direct foreign nominee relations between the central depositories of different countries are standard international practice, and the network of such relations is quite extensive throughout the world. The CD's direct foreign nominee relationship with the Central Depository of Armenia is an additional link similar to the existing link with the international depository Clearstream. As a result, the ultimate owner benefits from, for example, storing securities in the central depository of their country of origin, cheaper than storing through a link in CBL (Clearstream Banking Luxembourg).
The Federation of Euro-Asian Stock Exchanges
Central Depository of Armenia
About Central Depository of Armenia
Established: 02.12.2008
CEO: Mr. Vahan Stepanyan
Address: 26/1 Vazgen Sargsyan str., 5th floor, Erebuni Plaza Business Centre, Yerevan 0010, Armenia
Contact Name: Ms. Naira Harutyunyan
Email: [email protected]
Website: www.cda.am
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Year in review...
Established: 02.12.2008
CEO: Mr. Vahan Stepanyan
Address: 26/1 Vazgen Sargsyan str., 5th floor, Erebuni Plaza Business Centre, Yerevan 0010, Armenia
Contact Name: Ms. Naira Harutyunyan
Email: [email protected]
Website: www.cda.am
- Joined FEAS in 2017-
Mr. Vahan Stepanyan
Chief Executive Officer
About Company
"2020 was a year of challenges that we could overcome due to the dynamism and in-time decisions. We suceeded in many aspects and could provide not only the uninterruptedness of everyday activities, but also showed growth statistics. "
Other goals
1. Successfully managed the remote work of employees.
2. Processed CDA Online App,
3. New website will be launched in April.
4. AECSD conference that was planned to take place in 2020, will be held in 2021.