Currency market is the largest financial market in the world that trades currencies of various countries. National currencies of different countries traded in Currency market. Profits are derived from the difference between the traded currency rates.
In BSE facilitated currency derivative market prices are provided by market makers who have signed contracts with the exchange. At present, “Invest AZ Investment Company” CJSC acts as the market-maker of the market.
Taking into account the latest and fundamental developments world derivatives market, the BSE aims to bring its services safely to the investors and offers the following unique services:
• Creation of regulatory and control mechanism;
• Organization of the single market for financial derivatives;
• Plain execution in the market and monitoring of settlement transparency;
• Ensuring transparency of prices and transaction volumes in the market;
• Increasing accuracy, conformity and reliability of financial derivatives.
Through its conflict free, transparent settlement and execution mechanism, the BSE meets the expectations of all the organizations intending to provide these services. BSE maintains control over the financial tools committed by its assigned market maker and accurate, immediate and transparent execution of their daily volumes.
BSE facilitates trade of derivatives based on the following currencies:
USD: US Dollar
EUR: Euro (Currency of the European Union)
RUB: Russian Ruble
DKK: Danish Krone
JPY: Japanese Yen
PLN: Polish Zloty
GBP: British Pound
SEK: Swedish Krona
TRY: Turkish Lira
NOK: Norwegian Krone
NZD: New Zealand Dollar
HKD: Hong-Kong Dollar
CHF: Swiss Franc
HUF: Hungarian Forint
CAD: Canadian Dollar
ZAR: South African Rand
AUD: Australian Dollar
SGD: Singapore Dollar
MXN: Mexican peso
Interested parties may fill in, sign and submit the following application to the Baku Stock Exchange on behalf of an authorized person of organization.