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Baku Stock Exchange passes Strategy Plan 2010-12: Development of Potential & New Tools
Baku, Fineko/abc.az. The Baku Stock Exchange shareholders’ general meeting held on 5 February adopted BSE Strategy Plan for 2010-12. The BSE informs that the Plan envisages completion of work over regulation and computerization of the mechanism of trading in securities and clearing system, modification and standardization of risk management system. Development of internal potential is now BSE’s priority for the next three years. One of the key priorities is also development of new tools by the Exchange. The general meeting also defined BSE budget for 2010. The Exchange shareholders expect from it profit of AZN 201,300 for 2010 with revenues of AZN 1.3 million and expenditures of AZN 1.1 million.
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