FEAS Yearbook FEAS Yearbook 2024 | Page 50

The Federation of Euro-Asian Capital Markets

About Company

Armenia Stock Exchange

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: elina.mirzoyan@amx.am

Website: www.amx.am

- Joined FEAS in 1995 as Founding member -

Hayk Yeganyan

Chief Executive Officer

As we reflect on 2024, it’s evident that it has been one of the most dynamic years in the history of the Armenia Stock Exchange. This year has been defined by growth, innovation, and international expansion.

2024 was a record year in terms of market activity across all segments. Trade volumes in both corporate and government securities show a significant rise, reflecting the growing confidence in Armenia’s capital market. We also welcomed new issuers and witnessed a surge in the number of listed securities, further strengthening AMX’s role as a vital hub for capital raising and investment.

A standout achievement of 2024 was our continued investment in technological innovation. The relaunch of the foreign exchange (FX) market was a significant step forward in market efficiency, providing a more robust platform for currency trading. Additionally, we introduced the retail government bond sale platform gp.minfin.am, empowering individual investors with direct access to government securities. These initiatives mark an important milestone in our long-term vision to modernize and diversify our market offerings.

Another defining aspect of 2024 was our strategic expansion into new markets. AMX made a major step in strengthening its international ties, particularly in the Middle Eastern market, through a partnership with the Abu Dhabi Securities Exchange. This collaboration not only elevates Armenia’s capital market visibility on a global stage but also opens new avenues for cross-border investment and cooperation.

Looking back at 2023, it was a year of resilience and foundation-building that paved the way for our success in 2024. Alongside these developments, our commitment to education and knowledge-sharing remained steadfast, with AMX specialists actively participating in financial market conferences and initiatives.

As we step into 2025, we carry forward the momentum of our achievements, with a renewed focus on innovation, international integration, and market expansion. The milestones of 2024 inspire us to continue striving for excellence, ensuring that AMX remains a trusted platform for investors, issuers, and financial institutions alike.

Year in review