15:54 - 14.02.2025

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February 14, Fineko/abc.az. The necessary infrastructure has been put into operation, which makes it possible to trade on the secondary market.

ABC.AZ reports that National Deposit Center’s chairman of board Agaguseyn Khudaverdiyev stated about this during his speech at the Azerbaijan Financial Forum.

He noted that as a result, it became possible for investors to receive information about securities on balance sheets on the Investor portal owned by the NDC and through the API.

"Another important innovation implemented by the NDC in the field of digitalization is the remote holding of general meetings of shareholders and the introduction of an electronic voting system. NDC has introduced this service in our country for the first time, contributing to increased accessibility, protection of shareholders' rights and increased transparency. Currently, work continues in this area on the introduction of electronic statements and online payments for services provided to issuers and investors. In accordance with the strategy of the NDC, the sustainability and security of platforms provided to market participants has been outlined as a priority. Cybersecurity systems are regularly used in this area. Currently, web application security systems, privileged user control and cyber threat detection are being implemented in real mode," Khudaverdiyev said.

By Elmir Murad