MINSK, 8 September (BelTA) – The Belarusian Currency and Stock Exchange (BCSE) is operating without disruptions and has not introduced any restrictions or limits, BelTA learned from an interview of BCSE Chairman of the Board Andrei Aukhimenya with the Respublika newspaper.
The executive said: “The exchange is operating without disruptions. All the software systems, which are used on various trade platforms, are functioning as usual. All the tools are available for traders. The Belarusian Currency and Stock Exchange has not introduced any restrictions or limits. The number of traders in all segments of the financial market has not changed either. If we talk about the foreign currency market, those are all the Belarusian banks and three transnational financial institutions. As many as 62 traders are accredited on the financial market. The number has not changed recently.”
In his words, the Belarusian Currency and Stock Exchange has signed agreements with a number of international news agencies. These agencies receive information about trade in real time. “Systems of these agencies are used in dealing rooms of foreign banks and investment companies: dealers and brokers see all the information about available tools on international exchanges, including the Belarusian one. Our exchange is open to cooperation and continues developing its information channels. All the foreign contractors continue working with us: the agreements that have been signed with them have not been terminated or revised, all the commitments are being honored,” the BCSE chairman of the board stressed.
A number of state-run companies have been listed on the Belarusian Currency and Stock Exchange this year. “We see that companies are now interested in going through the admission process. The real sector understands how important it is to acquire an investment rating. In order to complete the admission process, they have to prepare a package of documents and make sure the company meets certain requirements. Some companies need a year or two in order to meet all the requirements. This is why the rising number of companies that go through the admission procedure is the result of deep and serious work on the part of the companies,” Andrei Aukhimenya stressed.
“You have to understand that investors see stock in quotation lists. If the owner wants to sell it, the owner will not need to waste time on preparations. The stock will be ready for sale right away once a window of opportunity is available on the market,” Andrei Aukhimenya pointed out.
