It is supposed that an agreement on liberalization of broker and dealer operations in EAEU stock exchange will be signed in the second quarter of 2017.

The Minister in charge of Economy and Financial Policy of the Eurasian Economic Commission (EEC), Timur Suleimenov, told the aforementioned to Armenian News – NEWS.am.

Accordingly, Armenian brokers with license issued by the Central Bank of Armenia (CBA) will be able to enter into commission deals involving securities also on the fund stock exchange of Russia and Kazakhstan. In fact, they will be entitled to serve clients not only from Armenia but also from any other countries except for the one where the stock exchange is registered (i.e. Armenian brokers will  not be able to serve Russian companies on the Russian stock exchange).

“But in the future we want to propose the national banks of EAEU countries to remove this restriction as well. We are still making a tentative move,” Suleimenov noted.

The agreement is almost ready and is under approval by the member-states.