Uzbekistan Agencies Discuss Modernizing Stock Exchange Infrastructure with Nasdaq
What happened
Uzbekistan’s National Agency for Perspective Projects and the Tashkent Republican Stock Exchange met with Nasdaq to discuss modernizing the country’s stock market infrastructure in Samarkand. The discussions centered on upgrading the Tashkent Stock Exchange’s trading, clearing, brokerage, and market surveillance capabilities. Nasdaq proposed an on-site visit to study the operations of the Stockholm Stock Exchange to inform the modernization project.
From trend.az
Why it matters
The modernization effort aims to upgrade core market functions, which is part of broader talks between Kazakhstan and Uzbekistan regarding financial integration in Central Asia. Upgrading the exchange’s infrastructure could enhance market efficiency and attract greater investment.
Kazakhstan and Uzbekistan have held talks regarding expanding stock market cooperation and financial integration in Central Asia.
From trend.az