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Baku Stock Exchange

Name

Closed Joint Stock Company – Baku Stock Exchange

Date of foundation

27th of August 1997

Management structure

Supreme Authority – General Meeting of Shareholders

Regulatory Body – Supervisory Board

Executive Board – Board of Directors

Share capital

5,040,000 AZN

Shareholders

Total number of shareholders – 20

Main technologies

The electronic trading system (VETR), which is the core for trading and post-trading processes. This system is characterized by a high degree of integration and was developed by the Montran company in 2023 as part of the “Capital Market Modernization of the Republic of Azerbaijan” program

Basic technologies An electronic trading system, which is the core for trading and posttrading processes. This system is characterized by a high degree of integration and was developed by Montran in 2023 as part of the program for the Modernization of the securities market of the Republic of Azerbaijan. Baku Stock Exchange has expanded its international presence and influence: It is a member of the International Association of Stock Exchanges; Conducted the first bond issue by a foreign issuer in the national currency; Conducted the first IPO in the republic;

It is a partner of the World Federation of Stock Exchanges and joined the UN Initiative Group on the Sustainable Development of Stock Exchanges.; Implemented a system for issuing securities in cooperation with the Central Bank of Azerbaijan; It have organized remote mobile trading via the API. In 2024, the BSE introduced its new corporate identity, symbolizing its modern approach and ongoing commitment to innovation. This year was also marked by two historical achievements: the first initial public offering (IPO) in the history of Azerbaijan and the introduction of remote stock trading on the secondary market.

Contacts
Phone: (+994 12) 498 98 20
E-mail: info@bse.az
Actual address: City Point Business Centre, 12th floor,102A Jalil Mammadquluzade Str., AZ1022
Controls
Board of Directors
Name Position
Khalilov Ruslan Alekper ogly

Chairman of the Executive Board