Baku Stock Exchange
Encyclopedia
The Baku
Baku
Baku , sometimes spelled as Baki or Bakou, is the capital and largest city of Azerbaijan, as well as the largest city on the Caspian Sea and of the Caucasus region. It is located on the southern shore of the Absheron Peninsula, which projects into the Caspian Sea. The city consists of two principal...

 Stock Exchange
(BSE, Azeri: Bakı Fond Birjası) is the main stock exchange in Azerbaijan
Azerbaijan
Azerbaijan , officially the Republic of Azerbaijan is the largest country in the Caucasus region of Eurasia. Located at the crossroads of Western Asia and Eastern Europe, it is bounded by the Caspian Sea to the east, Russia to the north, Georgia to the northwest, Armenia to the west, and Iran to...

. A member of the Federation of Euro-Asian Stock Exchanges
Federation of Euro-Asian Stock Exchanges
The Federation of Euro-Asian Stock Exchanges is a non-profit international organization comprising the main stock exchanges in Eastern Europe, the Middle East and Central Asia. It was established on May 16, 1995 with 12 founding members...

 (FEAS), BSE is organized in the form of closed joint stock company with 18 shareholdershttp://www.sovereign-publications.com/bse.htm. BSE trades short-term treasury bonds, common stock
Common stock
Common stock is a form of corporate equity ownership, a type of security. It is called "common" to distinguish it from preferred stock. In the event of bankruptcy, common stock investors receive their funds after preferred stock holders, bondholders, creditors, etc...

s (primarily from former state-owned enterprises that have been privatized, including food and beverage, construction and banking companies), and foreign currency futures
Futures exchange
A futures exchange or futures market is a central financial exchange where people can trade standardized futures contracts; that is, a contract to buy specific quantities of a commodity or financial instrument at a specified price with delivery set at a specified time in the future. These types of...

.

BSE began its operations on February 15, 2001. The current head of the stock exchange is Khayal Abdinov.

See also


External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
x
OK