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NASDAQ OMX Armenia stock exchange to launch online platform for trading of government bonds

23.02.2015 18:19

NASDAQ OMX Armenia stock exchange to launch online platform for trading of government bonds

YEREVAN, February 23. / ARKA /. NASDAQ OMX Armenia stock exchange will launch an online platform for trading of government bonds, the head of the exchange Konstantin Saroyan said today. He said the on-line platform will allow individuals to also participate in on-line trading. According to him, it is very important for the exchanges that this plan succeeds.

"It is no secret that many banks prefer off-exchange trade of government bonds, but NASDAQ OMX Armenia will try to prove that transactions with government bonds effected through the exchange are more profitable and more attractive,” he said.

Saroyan said the market of government bonds doubled in 2014 with 924 transactions worth about 34 billion, up from 484 transactions worth 15 billion drams effected in 2013.

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