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| Stock exchange |  |
 | A first agreement on market-making activity on the Azerbaijani securities market was signed between the BSE and Pashabank
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| 21.01.2013 | |
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Baku, Finance Time. From now on, signing of this agreement will serve as the establishment of the activity of the market-making institution on the local capital market.
According to the terms of the agreement, since January 21st 2013 Pashabank, by means of Pasha Capital, will provide the daily quotes on the below-mentioned securities:
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Issuer
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State registration number/ISIN code of security
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Ticker
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Volume of buy obligation (on face value), AZN
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Volume of sell obligation(on face value), AZN
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Price corridor between buy and sell bids, %
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Azerbaijan Mortgage Fund
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AZ2001008682
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AIF001
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1 500 000
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-
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3
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"Unibank" OJSC
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AZ2008002027
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UNBK2
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200 000
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-
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5
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"Unileasing" CJSC
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AZ2005005197
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UNILZQ3
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200 000
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-
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5
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"Bakcell LLC" Ltd.
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AZ2001009466
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BCELL01
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200 000
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-
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5
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"Bank of Baku" OJSC
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AZ2006005360
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BOFBK
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200 000
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-
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5
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According to the market-making rules of the stock exchange, the market-maker provides daily compulsory buy and voluntary sell quotes with an aim to ensure the liquidity on the market. The quotes are disclosed on real time basis in the trading system of the BSE as well as on daily basis in the the exchange’s website.
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