Azerbaijan Sent Mission on Single Stock Trading System to Luxembourg
OREANDA-NEWS. November 17, 2009. Well-informed sources say that the SSC mission launched its Luxembourg visit announced earlier by Committee chair Rufat Aslanli. The visit to last until 21 November is linked with study of one of the most advanced models of integrated stock trading systems.
The SSC has been already conducting integration of separate elements of trade system – systems of updated software of the Baku Stock Exchange and the National Depository Centre introduced in mid-2009. New software allows the market participants to have remote access to systems of the BSE and the NDC. In particular the Committee is developing a special software component for integration of these systems that originally did not envisage interface between them.
Without integration of trading systems at the BSE and depository in the NDC it is impossible to obtain sound opportunities of online trading.
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