YEREVAN, January 14./ARKA./ Amount of transactions in USD at NASDAQ OMX ARMENIA stock exchange in the period from January 8 to 11 slashed by 28.5% to over $13.8 million, Armenia’s Central Bank reported Monday.
USD average exchange rate was 408.43 drams per $1. No transaction was effected in euro or Russian rubles.
NASDAQ OMX Armenia (former Armenian Stock Exchange, Armex), was established in 2001 as a voluntary merger of 21 broker (dealer) companies. In November 2007 the stock exchange was reorganized into OJSC. OMX (current NASDAQ OMX) is a holder of 100% stock of NASDAQ OMX Armenia.
The stock exchange obtained 100% stock of Armenia’s Central Depository. NASDAQ OMX Armenia received a trade license from CBA on November 7, 2005. The trades on the stock exchange were officially launched on 15 November 2005. ($1- 408.59 drams).—0-
