Kazakh Investors May Gain Remote Access To Armenian Stock Market
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Kazakhstan Stock Exchange (KASE) and the Armenian Stock Exchange (AMX) have signed a memorandum of understanding. The document provides for further integration of the two countries’ financial markets through the Tabadul Hub platform launched by the Abu Dhabi Securities Exchange, Orda.kz reports.
The signing took place on the 25th anniversary of the Armenian Stock Exchange.
KASE said cooperation through Tabadul Hub will provide remote access to the markets of Kazakhstan and Armenia. The memorandum regulates the contractual, regulatory, and operational aspects of cooperation between the exchanges.
According to KASE, joining Tabadul Hub is aimed at developing international cooperation between exchange platforms and expanding opportunities for market participants.
The parties have not yet disclosed details of the project’s implementation.
- KASE is the Kazakhstan Stock Exchange.
- AMX is the Armenian Stock Exchange.
- Tabadul Hub is a regional platform created by the Abu Dhabi Securities Exchange to connect exchanges in different countries.
Original author: Rimma Karatyeva
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