Yerevan /Mediamax/. NASDAQ OMX Armenia is ready to start implementation of derivative exchange tools.

Chief Executive Officer of the Stock Exchange Armen Melikyan said this in an interview to Mediamax, commenting on the statement of the General Director of “Capital Asset Management” Investment Company that there is lack of derivative securities in the Armenian capital market, in particular, mechanisms of hedging of currency risks.

According to Armen Melikyan, if there is really such demand in the market, NASDAQ OMX Armenia is ready to immediately start implementation of the above-mentioned financial tools.

According to the assessment of NASDAQ OMX Armenia Spokeswoman Ruzanna Sargsian, the process of implementing derivative securities may take from 3 to 6 months.