AMX has launched a new trading system in the market – AMXTrader

March 21, 2023
3 Min Read
AMX has launched a new trading system in the market – AMXTrader

On March 20, AMXTrader, a new trading system has been
successfully launched by Armenia Securities Exchange (AMX). The new trading
system will allow market participants to develop and implement new types of
exchange products and tools. It will provide additional flexibility to market participants
by allowing implementation of multiple functions on a single platform.
AMXTrader was released after being actively tested by the participants. It is fully
replacing the old RTS-Armex Plaza system.
Considering its innovative solutions, the new system is an affordable and effective
tool for the trade members, sponsored market access clients, and other market
participants. For the first time, individuals are able to make transactions directly via
the trading platform. AMXTrader is providing an opportunity for its users to trade in
both primary and secondary markets at the same time, in a single package.
In the new system, the orders will be based off of the security price and not the yield
– according to international standards. Thanks to having multiple system modules,
AMXTrader allows for separation of repo deals, negotiated deals, and double-side
auctions. A convenient filtration system is offered, for the participants to quickly find
and work on whatever orders and deals they need to amend. AMXTrader has a new
messaging system, which allows the participants to be informed on whatever is
happening in their workspace.

The AMXTrader provides participants with the following benefits and opportunities:

  •  To have a unified system for the organization of foreign exchange trading,
    auctions and trading in the primary and secondary markets of government
    and corporate securities.
  •  Possibility of development and implementation of new types of stock
    exchange products and tools.
  •  The ability to directly connect to the trading system of exchange members'
    clients, submit applications and conclude transactions.
  •  Integrate new features and software applications, including international,
    stock trading systems.To ensure a smooth transition to the new trading system, the AMX website is
    constantly updating the FAQ page.

    The new trading platform will be a new incentive not only for the activation of the
    foreign exchange market, but also for the implementation of new tools and
    mechanisms in Armenian financial market. AMX continues to be committed
    to the modernization of the regulated securities market, currency exchange platforms and new services.

About AMX- Armenia Securities Exchange
Armenia Securities Exchange (AMX) is the only securities regulated market operator
in Armenia. AMX offers exchange services, such as listing, trading, clearing and
informational services, as well as alternative exchange solutions. The Exchange
settlement is carried out by Central Depository of Armenia which is 100% owned by
Armenia Securities Exchange. AMX’s mission is to foster the Exchange’s
infrastructure of capital market, making it an active financial asset for the
development of Armenia’s economy.

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