Mediamax and Armenian Stock Exchange presented the “Exchange quotations in the cell phone” joint project

12.07.2007 | 16:55 Home / News / News /

Yerevan, July 12 /Mediamax/. Mediamax News Agency and the Armenian Stock Exchange (Armex) presented the “Exchange quotations in the cell phone” joint project in Yerevan today.

From now on, the interested subscribers of “ArmenTel” and “VivaCell” mobile operators can follow the currency trading in the Exchange and the formation of the weighted average rate in on-line mode, as well as receive information on the cost of securities and the yield of the bonds.

About 3 months ago, Mediamax Agency turned to the Armex with a proposal to jointly elaborate the product. Receiving the consent of Armex, Mediamax attracted the third partner to the realization of the project - Mobbis Company, which is specializing in the sphere of mobile communications.

The project was supported by the Central Bank of Armenia and the Swedish OMX Exchange Operator, which will become the new owner of Armex.

During the news conference, which took place today, the “Exchange quotations in the cell phone” project was presented by the Director of Mediamax Agency Ara Tadevosyan, the Executive Director of Armex Armen Melikian and the Director of Mobbis Hovhannes Qeshishyan.

Speaking during the presentation, the Board Member of the Central Bank of Armenia Amalia Saribekian welcomed the initiative of Mediamax, noting that the “Exchange quotations in the cell phone” project will assist the increase of transparency of the financial market and raising the awareness of the society.

To receive information on the best bids and asks for purchase or sale of a dollar/euro, the price and the volume of the latest deal during the trading session in the Armex (from 11:00 to 15:00 on work days), the subscriber of “ArmenTel” or “VivaCell” should send USD1 or EUR1 SMS to the 1500 short number.

To receive information on all the bids and asks for purchase or sale of a dollar/euro and all the deals, concluded in the course of the trading session in the Armex, (from 11:00 up to 15:00 on work days), the subscriber of “ArmenTel” or “VivaCell” should send USD2 or EUR2 SMS to the 1500 short number.

To receive information on all the deals concluded and the formed rates after the conclusion of the trading session in the Armex (from 15:01 up to 23:59 on work days), the subscriber of “ArmenTel” or “VivaCell” should send USD or EUR SMS to the 1500 short number.

To receive information in the price of securities or the yield of the bonds, the subscriber of “ArmenTel” or “VivaCell” should send the word Armex and the Exchange code of the company the subscriber is interested in, to the short number 1500, for example, Armex HEZB or Armex ARKBB1.

The cost of each of the above-mentioned services is 150 AMD (including VAT) for each message received by the subscriber.

Detailed information on the project is places on http://www.1500.am/armex.html.

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