YEREVAN, March 14. /ARKA/. Armenian Securities Exchange (AMX) has started the process of introducing cross-listing, AMX CEO Hayk Yeganian said today.
“As part of cooperation with the Warsaw Stock Exchange, we have launched a cross-listing project, i.e. our securities will be accessible at the Warsaw Stock Exchange. Most likely, a separate platform for Emerging Market Security will be created there, on which all those securities will be listed, which are also listed on the AMX. Thus, we are trying to become a bridge between the EEU and the EU,” Yeganyan said during the II Capital Markets Armenia conference organized by Cbonds.
At the same time, he found it difficult to name the exact date , as “it depends not only on the exchange, but also on the regulators.”
“I think in mid-summer there will be clarity on the timing. We hope it will be done at the end of 2025,” Yeganyan said.
The Armenian Securities Exchange is the only securities market regulator in Armenia.
The Warsaw Stock Exchange (WFB) acquired 65.03% of AMX shares for AMD 873 million (about $2.2 million) in June 2022. Another 25.02% is owned by the Armenian Central Bank.
ARKA and AMI Novosti-Armenia news agencies are the media sponsors of the conference. -0-
