EDB to provide grant to Armenian Securities Exchange for modernization of trading technologies | ArmBanks.am

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EDB to provide grant to Armenian Securities Exchange for modernization of trading technologies

12.01.2021 19:08

EDB to provide grant to Armenian Securities Exchange for modernization of trading technologies

YEREVAN, January 12. /ARKA/. The Eurasian Development Bank (EDB) will provide a grant from its Technical Assistance Fund to the Armenian Securities Exchange for modernization of trading technologies, EDB said in a press release today.

According to the press release, the EDB will finance the bulk of the costs for the introduction of a new exchange trading system and the re-equipment the Armenian Securities Exchange. The new trading system, in addition to providing modern technological solutions for organizing exchange trading in accordance with international standards, will allow any investor to perform exchange transactions in real time, gaining direct access to the exchange's trading platforms through brokerage companies.

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