FEAS Yearbook FEAS Yearbook 2023 | Page 48

About Company

Armenia Securities Exchange

Year in review

Reflecting on 2023, I am glad to share the significant milestones that have defined our journey. The past year has been marked by resilience, innovation, and collective effort, showcasing our commitment to excellence. 2023 was a year of heights not only for the capital market but also for the Armenian economy, which demonstrated a growth in macroeconomic indicators.

The year started with the new collaborations along with GPW. The long-term strategy was set up for developing the capital markets infrastructure, creating opportunities for businesses to raise sustainable and affordable capital while enabling the investors and savers to manage their savings and investments more professionally within a wider range of investment products and opportunities.

In March, we successfully launched a new trading system – AMXTrader, which provides additional flexibility to market participants by allowing the implementation of multiple functions on a single platform. The new system allows trade members, sponsored market access clients, and other market participants to have a unified system for the organization of foreign exchange trading, auctions, and trading in the primary and secondary markets of government and corporate securities.

In 2023, the basket REPO platform was also successfully launched, which allows participants to conclude one-day REPO transactions based on anonymous bids without the condition of prior deposit, in a continuous auction method, the execution of which takes place automatically after the end of the trading session, with funds available in the exchange account of the transaction parties.

In October, the Eurasian Development Bank (EDB) listed its bonds on the AMX. These are the first international bonds on the AMX after a long break. The listing of Eurasian Development Bank bonds serves as a positive indicator that Armenia is considered a favorable platform for liquidity by internationally recognized institutions like the EDB.

Along with all this, educational programs were actively continued in AMX. In 2023, our specialists' participation as speakers and experts in the financial market rating conferences was quite active.

During the year we have successfully achieved the goals set before, which makes it even more responsible to approach the implementation of the projects developed for 2024.

Established: 2001

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

Working Hours: 9:00 - 18:00

Contact Name: Elina Mirzoyan

Email: [email protected]

Website: www.amx.am

- Joined FEAS in 1995 as Founding member -

Hayk Yeganyan

Chief Executive Officer

Corporate bonds' indices

Meet the Market with FEAS

New Website

"Ameriabank" CJSC as the winner of AMX Grand prix

Project of the year

Event of the year

Change of the year

Member of the year

The Federation of Euro-Asian Stock Exchanges