This section contains the complete and most recent versions of the Rules of Armenia Securities Exchange. The Rules cover all areas of activity of the stock exchange and are designed to ensure fair and equitable treatment for all participants of the exchange trading.

The Rules and amendments thereto are registered by the regulator of the securities market, the Central Bank of Armenia (CBA). All amendments are incorporated into revised versions of the Rules and are posted on the website within three days after approval by the CBA.

The Rules are currently being translated into English, so check back soon. Please note that the English translations of all documents are for information purposes only, and that according to Armenian legislation, only the Armenian texts are legally binding.

 


Rules on Trading


Rules on Corporate Securities Trading


Rules on Securities Listing and Admission to Trading 


Rules on Government Bonds Trading


Rules on Foreign Currency Trading


Rules on Credit Resources Trading


Rules on Market-Maker



Rules on Quotation by Government Bonds Agents


Rules on Foreign Currency Clearing and Settlement


Rules on Government Bonds Clearing and Settlement 


Rules on Credit Resources Clearing and Settlement


Regulation on Emergency Situations


Rules on Tariffs


Rules on Membership and Market Participation


Rules on Surveillance


Rules on Ethics and Business Conduct


Rules on Corporate Securities Placement


Rules on Government Bonds Auctions


Rules on Information Disclosure


Regulation on Controller


IT security statement (available only in Armenian)


Quality policy (available only in Armenian)


Updated as of: 04.12.2020