Baku Stock Exchange and PASHA Capital Investment Company have entered into a market-making agreement for shares of the International Bank of Azerbaijan (registration number AZ1004004581).
Under the terms of the contract, PASHA Capital Investment Company will daily quote bid and ask prices within a spread of no more than 15% and place buy and sell orders in the exchange’s trading system for an amount of at least 50,000 manats. Market making will begin on the first day the shares are admitted to secondary market trading.