Yerevan/Mediamax/. In 2011, “NASDAQ OMX Armenia” will continue the modernization of the trading system and prolong the terms for deals on the platform of interbank loan resources, Director General of the Stock Exchange Armen Melikian stated.

Addressing a press conference in Yerevan today, Armen Melikian said that the launch of the trading platform of interbank loan resources was one of the biggest achievements of the Stock Exchange in 2010.

“This platform is the most active one on the Stock Exchange, where the price of overnight interbank loan resources is formed,” Armen Melikian stated, adding that since the opening of this exchange platform in April 2010, nearly 1743 deals totaling AMD 576bln have been concluded on it by the end of the year.

Armen Melikian also highlighted the 30% growth of trades on the market of shares.

“This is a good result taking into consideration the fact that beginning 2006, this market displayed negative trading dynamics each year,” he said.

The positive shift last year was observed on the market of state loan securities, where the volume of trades had doubled reaching AMD 5,6bln.The volumes of trades with corporate bonds, on the contrary, decreased by 79%, making AMD 2.8bln. During 2010, 3 issues of bonds totaling AMD 2.25bln were listed at the Stock Exchange.

The volume of trades at the foreign exchange market has also decreased by 24.4% as compared to 2009, thus making $754.4mln. Decrease was also marked on the market of repo-deals (by 26%, AMD 3.8bln).