Uzbek Republican Currency Exchange

The year of foundation is 1992.

The Exchange is the only multifunctional exchange platform in the republic that organizes exchange auctions for the purchase and sale of foreign currency, government securities, derivative financial instruments (derivatives) and other exchange–related transactions, as well as the interbank money market, credit and deposit auctions of the Central Bank of the Republic of Uzbekistan with commercial banks. In order to provide additional trading opportunities for bidders, the Exchange has introduced exchange trading mechanisms with such instruments as currency swaps and direct and inter-dealer repo transactions with government securities. The integration of different markets on one trading platform, as well as the availability of an “in–house“ trading, clearing and settlement infrastructure, is a unique competitive advantage of the Exchange and allows exchange market participants to effectively manage their investments. The Exchange is the founder of JSC National Clearing Center and owns 100% of the shares of the company, which carries out centralized clearing and performs the functions of a central counterparty on the exchange markets. Main segments/tools of the Exchange:

• The foreign exchange market;

• Money Market;

• Government securities and derivatives market. The country‘s market position is a leading position in terms of trading volumes in exchange-traded instruments.