YEREVAN. - Armenia’s Central Depository provides issuers with notification services about the movement of their shares, NASDAQ OMX Armenia’s PR department informs.
The above mentioned service is widely used in international markets. Depository introduced it to Armenia for the first time. The customers of the Depository are given the opportunity to receive information about the movement of the shares they have issued, this will allow the issuer to follow the movement more carefully and to stick to the law.
Another new service presented by the Depository is the new shares transfer system based on Delivery Versus Payment (DVP).
With the new system the Depository provides security for deals which have been made outside the stock market.
















