This further opens up European and international investors’ access to AIX securities
Astana International Exchange (AIX) informs that WOOD & Co (WOOD) has successfully passed all the necessary compliance and on-boarding procedures and has now become a trading member of AIX. WOOD is the leading investment bank in Emerging Europe with a strong focus on Eastern European and CIS regions. Since 1991 they have built an extensive and unique investors base from around the globe and cover it through offices located in Warsaw, Prague, Bucharest, Bratislava, Milan and London.
AIX’s CEO Tim Bennett commented:
“WOOD is the leading broker in Central and Eastern Europe emerging and frontier markets.AIX is very pleased that the products listed here, and services provided at AIX would be even more accessible to international community through WOOD & Co. We continue to work on attracting new brokers and issuers to enable both parties to achieve their capital raising and investment goals. A deeper capital market will become a catalyst for the development of Kazakhstan's and regional economy.”
CEO of WOOD & Co, Vladimir Jaros, said:
“WOOD & Co professionals have been working with the Kazakhstan’s market for nearly a decade by providing research coverage of the country’s flagship stocks for international investors. Since we participated in the opening of the AIFC, our firm has been working towards becoming a member of AIX and supporting its further development. We believe that AIX is an important platform for international investor community participating in the Kazakhstan’s capital markets and help the government fulfil its ambitious privatisation objectives. Together with AIX, WOOD is keen to bring our expertise and strong investor relationships for the benefit of the Kazakhstan’s privatisation programme.”
Reference:
AIX. Astana International Exchange (AIX) was formed in 2017 as part of the development of the Astana International Financial Centre, AIFC. On the 14th November 2018, the first trading session on AIX has been launched by the President of the Republic of Kazakhstan Nursultan Nazarbayev. AIX’s shareholders include AIFC, Goldman Sachs, Shanghai Stock Exchange, the Silk Road Fund and NASDAQ, which also provides AIXs trading platform. www.aix.kz
AIFC.The AIFC was established on the initiative of the President of the Republic of Kazakhstan Nursultan Nazarbayev. In December 2015 President Nazarbayev approved the Constitutional Statute “On the Astana International Financial Centre” (AIFC). The aim of the AIFC is to establish a leading international centre for financial services. The objectives of the AIFC are to attract investment into the economy through the establishment of an attractive environment for investment in financial services, develop local capital markets, ensuring their integration with the international capital markets. www.aifc.kz
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