Skyscraper City Forum banner
21 - 35 of 35 Posts

·
Moderator
Joined
·
9,751 Posts
Discussion Starter · #21 ·
Здание Андижанского филиала УзРТСБ открыто после капремонта.





20 марта в Андижане состоялось открытие после капитального ремонта здания областного филиала Узбекской республиканской товарно-сырьевой биржи, сообщила пресс-служба УзРТСБ.

На мероприятии отмечалось, что одной из приоритетных задач УзРТСБ является развитие региональной биржевой инфраструктуры для создания дополнительных удобств для всех участников торгов, независимо от их территориального расположения.

УзРТСБ имеет 13 областных филиалов и более 130 торговых площадок, расположенных в городах и районах Узбекистана.

http://www.gazeta.uz/2015/03/23/uzex/
 

·
Moderator
Joined
·
9,751 Posts
Discussion Starter · #22 ·
President of Uzbekistan Islam Karimov signed the law "On investment and mutual funds".



The law was adopted by the Legislative Chamber on June 29, 2015 and approved by the Senate on August 6, 2015.

The purpose of this law is to regulate relations in the field of investment and mutual funds.

According to the document, the investment fund is a legal entity - a joint-stock company that issue shares in order to attract funds from investors and their investments in investment assets.

Investment fund can be two types: with an obligation to a repurchase of the shares issued and without obligation to repurchase issued shares.

Mutual Fund is a sum-total of monetary funds of two or more persons – investors, that were transferred by them in trust for the purpose of investment. Hereby mutual fund is not a legal entity.

A mutual fund can also be two types: with the obligation of redemption of investment shares issued to the trustee at the expense of the fund itself, and without obligation.


Investment share is an uncertificated security, which supports its shareholders in mutual funds. The rights to investment share are confirmed by custody account holder of investment shares, issued by the Central Securities Depository.

Investment assets are securities, shares, funds (including foreign currency) deposits and real estate, which compile the investment portfolio or mutual fund.

The trustee in the present law is a legal entity carrying out fiduciary management of investment funds and (or) the basis of mutual funds on trust management contract.

The trustee must have his own capital (excluding intangible assets invested in the authorized capital) of not less than 5 per cent of the average annual value of its managed investment assets.

The law also lists a number of limitations in the activities of the investment fund. Thus, according to the document, the investment fund cannot.

- Carry out activities without a license;

- Issue corporate bonds and infrastructure, as well as preferred shares;

- Invest more than 10 percent of the net assets of the investment fund in securities of a single issuer or a share of a limited liability company;

- Attract credit and (or) loan funds if the aggregate amount of debt will repaid to exceed 15 percent of the net asset value of the investment fund on the date of signing of the loan and (or) loan agreement (the term of the loan and (or) loan can not more than three months);

- Be a guarantor, pledge property or property rights;

- Invest in securities and shares of companies, organizational and legal form of which provides additional responsibility of their members;

- Invest in securities issued by the trustee, auditor organizations, as well as to acquire shares in its authorized capital;

- Acquire and hold shares of other investment funds;

- Enter into transactions that are not related to investment activities, purchase options or futures;

- Carry out investments totaling more than 10 percent of the fund's net assets (except investments in securities).

Monetary funds of mutual fund cannot be:

- Invested in excess of 10 percent of the investment fund's assets in securities of a single issuer or a share of a limited liability company;

- Invested in securities and shares of companies, organizational and legal form that provide additional responsibility for their members;

- Invested in securities issued by the trustee, auditor organizations, as well as for the acquisition of a stake in its authorized capital;

- Used in areas not related to investment activities;

- Invested in a total of over 10 per cent of the investment fund's assets (except investments in securities).

http://markets.uzreport.uz/news_e_134384.html
 

·
Moderator
Joined
·
9,751 Posts
Discussion Starter · #23 ·
Начало эксплуатации Единого программно-технического комплекса для фондового рынка Узбекистана запланировано на осень.



Корейская фондовая биржа (KRX) в сентябре завершит модернизацию Республиканской фондовой биржи «Ташкент», что является условием для вхождения KRX в состав акционеров узбекистанской биржи, следует из сообщения пресс-службы Госкомконкуренции.

Проект модернизации был обсужден на встрече председателя Госкомконкуренции Даврона Хидоятова с послом Южной Кореи в Узбекистане Ли Ук Хёном.

«Пуск оборудования и начало эксплуатации Единого программно-технического комплекса (ЕПТК) для фондового рынка Узбекистана в сентябре текущего года создадут систему взаимодействия между РФБ „Ташкент“ и Корейской фондовой биржей, а также обусловят дополнительные возможности для более активного участия корейского бизнеса в экономике Узбекистана», — отмечается в сообщении. Часть оборудования уже поступила для модернизации.

В августе 2011 года Госкомимущество (прежнее название Госкомконкуренции) и KRX подписали генеральный договор о модернизации рынка ценных бумаг Узбекистана, предусматривающей внедрение новых биржевых продуктов, развития технологий и организации биржевых рынков. В соответствии с документом, KRX войдет в состав акционеров РФБ «Ташкент» с долей 25% плюс одна акция в обмен на поставку и внедрение «под ключ» ЕПТК на фондовой бирже.

Торговый оборот на РФБ «Ташкент» в 2015 году вырос в 1,7 раза по сравнению с 2014 годом и составил 161 млрд сумов. Членами биржи являются более 100 инвестиционных институтов.

Korea Exchange — крупнейшая в мире биржа по объему сделок с деривативами, входит в двадцатку крупнейших бирж по капитализации, осуществляет торги акциями, облигациями, фьючерсами. KRX была образована в результате слияния Корейской фондовой биржи, Корейской фьючерсной биржи и KOSDAQ.

http://www.gazeta.uz/2016/02/19/exchange/
 

·
Moderator
Joined
·
9,751 Posts
Discussion Starter · #24 ·
Uzbek Commodity Exchange introduces new interactive service "Refund"



The Uzbek Republican Commodity Exchange (UZEX) has launched a new interactive service "Return of the cash for exchange trading". The service is provided through a personal customer account (client.uzex.uz) at a special information portal of the exchange.

Due to the introduction of the new function, the participants of the exchange trades will be able to carry out the refund remotely from their secondary personal accounts (20208000100600257052 and 20208000300600257009) using digital signatures.

According to UZEX press service, an interactive service "refund" was developed and introduced by the exchange experts in the framework of measures to create additional facilities for exchange customers through innovative services. This service will contribute to reducing client-operating costs, increasing the efficiency of the movement of their funds in the secondary personal accounts, as well as will optimize the work of nominal-clearing chamber of the exchange.

http://news.uzreport.uz/news_7_e_140532.html
 

·
Moderator
Joined
·
9,751 Posts
Discussion Starter · #25 ·
UZEX: Share of entrepreneurs in electronic trading reaches 81%



Today, the introduction of information and communications technology in this or that industry is not a fashion trend but a necessity. In this case it does not matter what the activity, be it agriculture, medicine or finance. This is especially true for exchange activities. Due to innovations, the interest of representatives of the business community in participation in electronic trades of UZEX is growing, the number of participants is expanding. This theme had become the key during the press conference held in the capital.

The development and implementation of digital technologies in all spheres, including in the organization of exchange trading, can significantly change the traditional approaches and implement advanced methods of automated processing of market data and making trading decisions. Following the trend, UZEX continuously pursues innovation policy aiming at further improvement of the exchange mechanisms in Uzbekistan through the wide use of modern forms of information and communication technologies, as well as taking into account the world practice of development of exchange trade. Among the innovations are the interactive service "Return of funds", "Legal advice", accompanying sound of user actions on a web site, the function "Calculator" in the personal office of a client.

- The "New project "Personal office" allows our clients who participate on the stock exchange, to obtain reliable information about their trades, volumes and movements of their funds in real-time. Previously this information could only be obtained on paper, a lot of time was needed,"- said the chief broker of UZEX Islombek Ibragimov.

In addition, UZEX on a regular basis posts the relevant information and reference materials on a separate website for entrepreneurs b2b.uzex.uz, specially for this category of trading participants. The section "Entrepreneurship" of the Single portal of state interactive services has a special feature for entrepreneurs that allows them subscribing to applications of budgetary organizations on participating in public procurement. As a result of the above innovations, the level of participation of business entities in electronic trading of the exchange saw a significant increase in 2015. In particular, their share in total sales compared with 2014 increased from 67 to 81 percent. In aggregate terms, they purchased raw materials and consumables worth 5.1 trillion soums and sold commodity resources by nearly two trillion soums, which exceeds similar indicators of 2014 by 20 percent.

As was noted by representatives of the exchange, they are not going to stop on achieved. In the near future, they are planning to further enhance the electronic trading platforms and information exchange systems, extend the range of interactive services, as well as complete the modernization of IT infrastructure of the exchange.

http://news.uzreport.uz/news_7_e_140652.html
 

·
Moderator
Joined
·
9,751 Posts
Discussion Starter · #26 ·
UZEX

UZEX modernizes electronic system of fair trades



Uzbek Republican commodity exchange has modernized its electronic system of exhibition trade in the framework of measures to improve electronic trading, which is the basis for the development of electronic commerce. With the popularity of the Internet-trading growing in the world, the exchange specialists held consistent work to develop the system of exhibitions and trade fairs on the basis of new innovations.

In July 2016, the current project of the exchange has entered its final implementation phase, which includes updating the system of online auctions using the electronic digital signature (EDS) and the introduction of a new version of the website for fair trade.

Currently, the trade and payment part of the trade fair is integrated into the unified electronic system that allows performing all operations through a new web site yarmarka.uzex.uz. The introduction of electronic digital signature at the initial stage allows customers to make a refund in settlement and clearing house of the exchange directly via the personal cabinet, as well as to recover login and password without contacting the exchange in writing. In addition, the updated system of the stock exchange does not require re-accreditation for clients who previously passed accreditation in any of the trading platforms of the exchange, including stock trading, government and corporate procurement and e-catalog.

The new version of the website of the exchange is consistent with the trends in the development of web resources in the field of Internet trading and has improved design, more user-friendly interface, advanced search mechanisms and navigation. For example, if prior to the update, when placing information about the product the clients had to enter the name of commodity groups and positions independently, the new interface provides the opportunity to choose products from the list and categories of goods for its further placing on auction. Hereby, the updated search system allows finding a product under a particular individual set of parameters.

Bidding through a global network has a number of comparative advantages related with efficiency, convenience for customers, low transaction costs for the entities, as well as with availability of a large customer base of both residents and non-residents of the Republic. The trades are conducted around the clock, 24 hours a day. In addition, the e-commerce does not provide for mandatory inclusion in the exchange's quotation sheet that contributes to a significant extension of the traded commodity items.

The effectiveness of fair trading is evidenced also by the progress achieved in recent years, due to the increased interest of national producers, including small businesses and private entrepreneurship entities to participate in the electronic auction online, as well as the widespread introduction of information and communication technologies on domestic enterprises, which in recent years have been using the advantages of online auction more and more.

In particular, the volume of trades committed in the system of fair trading for the last 10 years has increased by 8 times and last year reached 1.1 trillion soums. In the first half of this year, the figure has reached 780.2 billion soums, having exceeded the previous year by 67%. The number of transactions committed on the platform increased by 7.9%, while the share of small businesses in deals made up 78%. The structure of goods sold in the reporting period was mainly dominated by construction materials, which accounted for 21%, engineering products and chemical products in equal shares by 10% and polymers – 7%.

Modernization of the system of the exhibition and fair trade creates serious prerequisites for achieving a qualitatively new level of online trading in Uzbekistan, providing wide opportunities for all participants of online auctions, primarily for entrepreneurs in the field of electronic commerce. In the future, the exchange plans to expand the use of electronic signature in fair trade, increase the level of personalization of content for the web site under user preferences, integrate the fair system with retail trade and provide individuals with free access to it.

http://news.uzreport.uz/news_7_e_143466.html
 

·
Moderator
Joined
·
9,751 Posts
Discussion Starter · #27 ·
Commodity exchange develops electronic logistics portal



Uzbek Republican Commodity Exchange together with the Association for Business Logistics Development held a round table with the participation of transport and logistics companies. The purpose of this event was to discuss a new exchange project to create an electronic logistics system that ensures the delivery of exchange goods to customers by combining the applications of cargo owners and cargo carriers in the information system of the stock exchange.

Representatives of 15 transport and logistics companies took part in the discussion of the project, including such organizations as LLC Inter Nova, LLC UzAgroTrans, JV LLC Transcontinental, LLC TURKSIB Magistral, LLC ARK Logistics and others.

There was a presentation of personal cabinet of the participants of the electronic logistics portal during the round table, the use of which optimizes the work of sellers and buyers of exchange commodities. In particular, the new system will provide an opportunity for participants of exchange trades to get online information on the types of cargo, determine the place of their delivery as well as track prices for transportation services.

Organization of delivery via electronic logistics system of cement and liquefied gas purchased at exchange trades has been proposed as a pilot project. In turn, representatives of transport and logistics companies shared their views on mechanism of operation of the new system, taking into account the specifics of their activities as well as current situation in this area.

It was decided to establish a joint working group to develop an effective logistics mechanism at the exchange at the end of the event.

http://news.uzreport.uz/news_7_e_153857.html
 

·
Moderator
Joined
·
9,751 Posts
Discussion Starter · #28 ·
One of leading industrial enterprises of Uzbekistan launch IPO

JSC "QUARTZ" has launched IPO for its 4 574 934 shares at the stock exchange “Toshkent”.



The sale of the shares is based on the prices proposed in the bids, given the priority of higher offer prices. Applications are accepted in the range from 3000 to 9100 soums per share.

A single person can apply to purchase shares in amount not exceeding 2287 pieces.

https://uzreport.news/exchange/one-of-leading-industrial-enterprises-of-uzbekistan-launch-ipo
 

·
Moderator
Joined
·
9,751 Posts
Discussion Starter · #29 ·
Драгоценными металлами начали торговать на бирже



Продажа драгоценных металлов со складов Алмалыкского горно-металлургического комбината началась на Узбекской республиканской товарно-сырьевой бирже.

Первые сделки по драгоценным металлам были заключены на Узбекской республиканской товарно-сырьевой бирже (УзРТСБ), сообщила пресс-служба биржи. Драгметаллы поставляются со складов Алмалыкского горно-металлургического комбината.

На торгах с 18 по 20 марта было реализовано 46,5 кг серебра на 192,6 млн сумов. Недельная биржевая котировка серебра составила 4142,56 сумов за 1 гр. В торгах участвовали производители промышленной продукции, имеющие мощности по их переработке, а также производители ювелирных изделий. Драгметаллы, приобретенные на биржевых торгах, не подлежат реализации на экспорт.

Сейчас для продажи драгоценных металлов на внутренний биржевой рынок открыто два контракта — на слитки из серебра марки Ag-1 с лотом по 500 гр и на слитки из золота марки Au-1 с лотом по 100 гр.

Ежедневный объем серебра, который выставляется на торгах, составляет 15,5 тысячи гр, золота — 2,6 тысячи гр. Стартовая цена на драгоценные металлы определяется на основе последнего утреннего фиксинга Лондонской ассоциации рынка драгоценных металлов в национальной валюте Узбекистана.

Для участия в биржевых торгах продавцам и покупателям необходимо внести задаток в размере 1% от предполагаемой суммы сделки. Производители ювелирных изделий также должны представить бирже лицензию на право производства ювелирных изделий.

Положение о порядке реализации драгоценных металлов на биржевых торгах УзРТСБ утвердил Кабинет Министров в начале марта.

https://www.gazeta.uz/ru/2019/03/26/precious-metal/
 

·
Moderator
Joined
·
9,751 Posts
Discussion Starter · #30 ·
Uzbek-Oman Investment Company enters Uzbek stock exchange



Uzbek-Oman Investment Company has decided to expand its investment portfolio in the Uzbek stock exchange by initiating a public markets fund.

Uzbek-Oman Investment Company was established in 2010 between the Fund for Reconstruction and Development of the Republic of Uzbekistan and the State General Reserve Fund of the Sultanate of Oman and is the largest private equity fund in the Republic of Uzbekistan.

Uzbek-Oman Investment Company has decided to expand its investment portfolio in the Uzbek stock exchange by initiating a public markets fund.

“In addition to our core business in private equity, Uzbek-Oman Investment Company is interested in being an active participant and partner in the development of capital markets in Uzbekistan. We are encouraged by the reforms taking place, and are optimistic of the future, and the growing investment potential, and we look to enlarge our investment footprint accordingly.” – said AOWN AL BAHRANI, General Director of Uzbek-Oman Investment Company.

https://uzreport.news/economy/uzbek-oman-investment-company-enters-uzbek-stock-exchange
 

·
Moderator
Joined
·
9,751 Posts
Discussion Starter · #31 ·
UZEX sells first "beautiful" mobile number



On June 11, in the information system of the Uzbek Republican Commodity Exchange sold the first mobile number with a popular combination.

According to the results of electronic trading, the mobile number (+998 93) 577-88-88 of mobile operator – LLC "COSCOM" (Ucell) was sold.

The lot was put up for sale on June 4. At the starting cost of 4 million soums, the final bet comprised 5.36 million soums.

https://uzreport.news/exchange/uzex-sells-first-beautiful-mobile-number
 

·
Moderator
Joined
·
9,751 Posts
Discussion Starter · #32 ·
Uzbek stock exchanges introduces forward trading


Forward trading, also called front running, occurs when stockbrokers personally purchase shares of a particular stock while knowing that their firm plans to purchase numerous shares of the same stock.

The Uzbek Republican Commodity Exchange has started forward trading for the first time in its history.
Forward trading, also called front running, occurs when stockbrokers personally purchase shares of a particular stock while knowing that their firm plans to purchase numerous shares of the same stock.
Based on the results of trading on April 1, 2020, forward transactions for the sale of sugar for a total of 27.5 billion soums were concluded. In accordance with the terms of this contract, the delivery period is 60 days.

Uzbek stock exchanges introduces forward trading
 

·
Moderator
Joined
·
9,751 Posts
Discussion Starter · #33 ·
UZEX launches online platform for electronic competition and tender
The main goal of the new system is to increase the transparency and efficiency of competitions and tenders, as well as to increase the involvement of business entities in the public procurement process.



Uzbek Republican Commodity Exchange - an operator of a special information portal on public procurement xarid.uz, has launched a trading system for electronic competition and tender on the new website etender.uzex.uz.

The new electronic trading system for public procurement was developed and implemented in accordance with Presidential Decree/ This is the second major project (the first project – the updated VAT) implemented by the exchange in 2020.

The main goal of the new system is to increase the transparency and efficiency of competitions and tenders, as well as to increase the involvement of business entities in the public procurement process.

UZEX launches online platform for electronic competition and tender
 

·
Moderator
Joined
·
9,751 Posts
Discussion Starter · #34 ·
Сapitalization of Tashkent stock exchange exceeds $5bn



Tashkent stock exchange over the past ten months of this year saw 30,489 transactions with securities of 96 companies worth $40.5mn, the press service of the Agency for capital market development said.

The same period of 2019 saw 25,305 transactions worth $36.2mn.
As of October 2020, the securities of 133 companies are included on the stock exchange trading platform, up 25% y/y.
The total market capitalization of the stock exchange as of November 1, 2020 exceeded $5bn.

https://uzreport.news/exchange/sapitalization-of-tashkent-stock-exchange-exceeds-5bn
 

·
Moderator
Joined
·
9,751 Posts
Discussion Starter · #35 ·
U.S. to help Uzex launch futures trading



U.S. to help Uzex launch futures trading


The United States will help Uzbekistan launch futures trading, the press service of the Uzbek Commodity Exchange (UZEX) has reported. The Commodity Futures Trading Commission (CFTC) is set to provide:
  • regulations on futures trading;
  • consulting on the control of the futures market;
  • industry experts.
The American company Connomara Systems is to help with the development of software for futures trading on UZEX platforms and the implementation of IT. The company is to also introduce electronic systems for trading futures and ensure their integration into the local clearing system. Founded in 1998, Connomara systems provides engineering services for the development, testing and technical support of software products for exchanges, banks and financial markets. Its main clients are the Chicago Mercantile Exchange (CME Group), the American Financial Exchange (AFX), Morgan Stanley, Eris Exchange, Cargill and etc.

U.S. to help Uzex launch futures trading
 
21 - 35 of 35 Posts
Top