Yerevan, Armenia, 2014-01-13 12:55 CET (GLOBE NEWSWIRE) -- Starting December, 2013 Central Depository of Armenia performs settlement, registry keeping and servicing of foreign securities transactions in Armenia, thanks to securities nominee account opened with Clearstream Banking Luxemburg of Clearstream Deutsche Börse Group.
Introduction of link with Clearstream provides Armenian investors with opportunity to invest in securities of 53 developed and developing countries around the world, while the CDA ensures servicing of transactions, registry keeping and custody, including registration of ownership rights towards foreign securities.
“This achievement will allow circulation of foreign securities locally, in particular, making Armenian Eurobonds accessible to Armenian investors as well. Moreover, in Armenia process of investing in foreign securities lacked such separation of securities custody and brokerage operations, which is now introduced to the market and will contribute to reduction of risks and elimination of possible conflict of interests between broker and investor”, noted Mr. Vahan Stepanyan, CEO, Central Depository of Armenia.
More information on Central Depository of Armenia and NASDAQ OMX Armenia services is available on the companies’ official web-site: www.nasdaqomx.am
About NASDAQ OMX Group
NASDAQ OMX (NASDAQ: NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents. Through its diverse portfolio of solutions, NASDAQ OMX enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets. As the creator of the world’s first electronic stock market, its technology powers more than 80 marketplaces in 50 countries, and approximately 1 in 10 of the world's securities transactions. NASDAQ OMX is home to more than 3,300 listed companies with a market value of over $7 trillion and more than 10,000 corporate clients. To learn more, visit www.nasdaqomx.com .
In January 2008, Nordic exchange operator OMX Group acquired 100% of the shares of the Armenian Stock Exchange (Armex) and the Central Depository of Armenia (CDA). After the combination of NASDAQ and OMX in February 2008, Armex and CDA became fully owned by the NASDAQ OMX Group, Inc. On January 26, 2009, “Armenian Stock Exchange” ojsc was officially renamed as “NASDAQ OMX Armenia” ojsc. On June 5, 2009, “NASDAQ OMX Armenia” ojsc became the owner of 100% of the shares of the “Central Depository of Armenia” ojsc.
MEDIA RELATIONS CONTACT: Ms. Eugenia Evoyan, Head of Marketing & Communications +374 10 543 321 ext. 115 eugenia.evoyan@nasdaqomx.am, eugenia.evoyan@nasdaqomx.com
