Hayk Yeganyan

CEO

Address 26/1 Vazgen Sargsyan street, 5th floor, 0010 Yerevan, Armenia
Telephone 0037410543321
Fax0037410543321
Email info@amx.am
Contact Person Naira Harutyunyan
naira.harutyunyan@amx.am
0037460695555
Website www.amx.am

“Armenia Securities Exchange” (AMX) open joint stock company – former “NASDAQ OMX Armenia” – is the only stock exchange currently operating in Armenia. For nearly a decade now, the stock exchange has been the organized market for securities in Armenia offering market professionals a fully automated electronic trading platform. Today, instruments traded on the stock exchange include stocks, corporate and Government bonds, currency, credit resources, as well as REPO (repurchase agreements) and SWAP.Armenia Securities Exchange continues working to introduce other organized markets as well.

The Central Bank of Armenia is the supervisory and regulatory authority for the stock exchange and the Armenian capital market.

The mission of Armenia Securities Exchange is to provide an efficient and transparent exchange market with fair securities pricing mechanisms, which will enable Armenian companies to raise capital and contribute to the development of the Armenian economy. Through its listing services, the stock exchange also helps public companies raise capital to finance their capital needs. Armenia Securities Exchange is a member to the Federation of Euro-Asian Stock Exchanges (FEAS) and the International Association of CIS Exchanges. Since 2008 Armenia Securities Exchange has also been a member of the American Chamber of Commerce in Armenia.

Armenia Securities Exchange is insured against public liability, as well as fire and allied perils, property and business continuity interruption. In 2019 AMX earned ISO 9001:2015 and ISO/IEC 27001:2013 certification for their quality and information security management systems.

RegulatorCentral Bank of the Republic of Armenia
Instrument ListEquity/ Corporate Bonds/ Government Bonds/ REPO/ FX/ FX Swaps/ Credit resources
Trading Hours/SessionsCorporate market/Government bonds market/FX marketPre-opening – 10:50-10:59
Opening – 11:00
Open – 11:00 – 14:59
Closing – 15:00 – 15:04
Closed – 15:05
Credit ResourcesPre-opening – 10:50-10:59
Opening – 11:00
Open – 11:00 – 12:59
Closing – 13:00 – 13:09
Closed – 14:10
Order TypesLimit order/ Market order/ Stop order/ Stop-limit order/ Stop-market order/ Iceberg/ AON/ IOC
SpreadsCorporate marketSpread during continuous auction is +/- 10% from the best limit price for each side of order book, not accepting buy orders which price is lower by 10% from the best buy price; and not accepting sell orders which price is higher by 10% from the best buy price. The same works for manual and repo transaction.
Spread during pre-trading session is +/- 15% out of reference price from both sides (both low and high).
Government bonds marketSpread during continuous auction is +/- 5% from the best limit price for each side of order book, not accepting buy orders which price is lower by 5% from the best buy price; and not accepting sell orders which price is higher by 5% from the best buy price. The same works for manual and repo transaction.
Credit ResourcesSpread during continuous auction is +/- 10% from the best limit price for each side of order book, not accepting buy orders which price is lower by 10% from the best buy price; and not accepting sell orders which price is higher by 10% from the best buy price. The same works for manual and repo transaction.
FX marketSpread during continuous auction is +/- 1% from the best limit price for each side of order book, not accepting buy orders which price is lower by 1% from the best buy price; and not accepting sell orders which price is higher by 1% from the best buy price. The same works for manual and swap transaction.
Margin Buying/Short SellingNo
OTCYes
Settlement TypesDVP
Settlement CycleT+O
Settlement CurrencyAMD,USD,EUR,RUB
Clearing/NettingYes
Cross-border TransactionsNo
Cross-border LinksNo
Anti-money laundering RequirementsYes
IOSCO MembershipYes (ordinary member)

Working days
Country Armenia
Time Zone GMT+4
Days Monday / Tuesday / Wednesday / Thursday / Friday /