AZERBAIJAN: Baku Stock Exchange Granted the Status of Affiliate Exchange by WFE

Tuesday February 18 2020

The Baku Stock Exchange (BFB) has officially been granted the status of an affiliate exchange. As a result, the Baku Stock Exchange has become the first stock exchange in the local region to initiate formal collaboration with WFE.

Formal partnership with WFE creates new opportunities for Baku Stock Exchange in many prospects, especially in regards to improving Azerbaijan’s position on an international level.

Coordinating with WFE will allow BSE to disclose its trade volumes in multinational information sources, thus contributing to the “Market Capitalization in GDP” in Global Competitiveness Report and enhancing Azerbaijan’s position “Protecting Minority Investors” indicator in the Doing Business Report.

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