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 post–trading 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.
| Board of Directors | |
|---|---|
| Name | Position |
| Khalilov Ruslan Alekper ogly |
Chairman of the Executive Board |