International Association of Exchanges of the Commonwealth of Independent States (abbreviated as Association or IAEx).

IAEx was established in Moscow in April 2000.

Being an international non-profit organization, IAEx carries out its activities on the principles of voluntariness and self-governance. It is a legal entity established and acting in accordance with the legislation of the Russian Federation.

The main objectives of the Association are

• Promoting the implementation of international securities market standards, fostering the cooperation in the field of monetary and financial relations through the development of national currency, stock, futures and commodity markets.
• Coordinating currency, stock and commodity exchange activities in order to promote mutual cooperation and developing international economic and financial ties.
• Determining priority directions in promoting financial and exchange commodity markets.
• Technological cooperation and standardization.
• Mutual study of the experience of the organization of currency, stock and other financial markets, as well as commodity exchange markets.

 

The IAEx includes leading financial and commodity exchanges, organizations (depositaries, settlement companies) of the Commonwealth of Independent States, which play a key role in servicing mutual financial turnover, currency transactions, government and corporate securities, commodity lots. IAEx member organizations are the central link in the financial infrastructure. Being between the monetary authorities (regulators) and the market participants, they organize not only trades and conduct settlements, but also act as a catalyst for change and innovations.

The Association actively cooperates and directly participates in the activities of the CIS Executive Committee, the Eurasian Economic Commission, the CIS Finance and Banking Council, the CIS Chambers of Commerce and Industry, in the development of model laws as part of the project groups of the CIS Inter-Parliamentary Assembly, in meetings with heads of authorized bodies regulating securities markets, expert groups and Subcommission of the Central (National) banks of the CIS countries.

Governing Bodies
Name	Description
General Meeting of the Association	The supreme governing body. It is convened at least once a year.
Association Council	Collegial management body. Manages the work between General Meetings.

Counsil of the IAEx
Position	Member of the IAEx Council
Chairman of the Board of the JSC “Uzbek Commodity Exchange”	Ziyoviddin Badriddinov
Chairman of the Board of the Commodity Exchange “ETS”	Kurmet Orazaev
Chairman of the Board of the Belarusian Universal Commodity Exchange	Alexander Osmolovski
Vice-President of JSC “St. Petersburg International Commodity Exchange”	Alexey Gerasyuk
Chairman of the Board of the Belarusian Currency and Stock Exchange	Andrei Aukhimenia
General Manager, Chairman of the Executive Board of the Stock company Saint-Petersburg Currency Exchange	Boris Yaryshevsky
Deputy Chairman of Management Board of the Kazakhstan Stock Exchange JSC	Ermek Mazhekenov
Managing Director on strategy and international presence of the Public Joint-Stock Company “Moscow Exchange MICEX-RTS”	Artem Geleznov
Deputy General Director of Uzbek Republican Currency Exchange CJSC	Aziz Nagaev

EXECUTIVE DIRECTORATE OF THE IAEx
Position	Member of the Directorate
Executive Director of the Association	Alexey Kuprin
Chief Accountant of the Association	Olga Shutova

Audit Commission
Position	Member of the Audit Commission
Managing Director of JSC “St. Petersburg International Commodity Exchange”	Aleksandr Pavlov (Chairman)
Chief Accountant of the Stock company Saint-Petersburg Currency Exchange	Tatiana Osipkina
Deputy Chairman of the Management Board Uzbek Republican Stock Exchange “TOSHKENT”	Yulia Gafarova