No sense in implementing new financial tools in Armenia
There's no sense in implementing new financial tools in Armenia, according to Aram Kayfajyan, Director General of Armenbrok Investment Brokerage and Consulting Company
"The republic doesn't need such complicated instruments as hedging or futures at this point of time," Mr. Kayfajyan told a PanARMENIAN.Net reporter. "The work with stocks and bonds, as more available financial instruments, should be intensified."
He also informed that no new emission is planned on Armenia's equity market till the yearend.
Armenbrok OJSC is Armenia based leading investment brokerage and consulting company, providing its customers with full range of financial and investment services in the Armenian financial market. Since its establishment in 1995, Armenbrok has put its best efforts to open as many doors as possible to individual and institutional investors and companies so that it would be in their best interest to invest in securities of reputable Armenian companies. In the securities brokerage in Armenia, Armenbrok has reached one of the leading positions, providing its customers opportunities to invest in liquid Armenian stocks.
"The republic doesn't need such complicated instruments as hedging or futures at this point of time," Mr. Kayfajyan told a PanARMENIAN.Net reporter. "The work with stocks and bonds, as more available financial instruments, should be intensified."
He also informed that no new emission is planned on Armenia's equity market till the yearend.
Armenbrok OJSC is Armenia based leading investment brokerage and consulting company, providing its customers with full range of financial and investment services in the Armenian financial market. Since its establishment in 1995, Armenbrok has put its best efforts to open as many doors as possible to individual and institutional investors and companies so that it would be in their best interest to invest in securities of reputable Armenian companies. In the securities brokerage in Armenia, Armenbrok has reached one of the leading positions, providing its customers opportunities to invest in liquid Armenian stocks.
