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Derivative financial instruments to be available in Armenia in 2017

25.10.2016 17:36

Derivative financial instruments to be available in Armenia in 2017

YEREVAN, October 25. /ARKA/. Armenia’s parliament has approved today in the first reading a package of amendments to the law "On the Securities Market" and to a package of laws regulating the financial market.

Deputy chairman of the Central Bank Nerses Yeritsyan said the amendments are designed to help develop the market of derivative financial instruments such as futures, forwards, options, swaps and repos.

He said the main purpose of the changes is to introduce these global standards in Armenia, which will allow Armenian market subjects to conclude international agreements and enter the international market of derivatives.

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Tags: Armenia, Derivative, financial instruments, MARKET

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