The market maker is one of the most important players in the capital market. It constantly provides two-way quotations, ensuring the liquidity of shares in the secondary market.
“We effectively provide transparent two-way quotations every day at 11:00 am when market opens, assuring the stocks’ liquidity,” said Arman Boyajyan, Investment Banking Associate at “Dimension” CJSC.
The summary data of the Armenian Stock Exchange (AMX) for the second quarter of 2022 show that trade and market volumes have increased compared to the same periods of 2020 and 2021.
According to the equity data, the trade value increased to ֏425M, the market capitalization surged by 58%, reaching the total sum of ֏252B. The number of trades surged 3 times compared with Q2, 2021 and reached 343 trades concluded.
“In the last 2 months, there has been a high interest and significant increase in demand for ACBA’s shares, which proves that buyers find them attractive and which is why the prices move up,” said Hayk Khekoyan, Investment Banking Associate at “Dimension” CJSC.
It should also be noted that Dimension, in addition to market making services,also provides custodian, brokerage, as well...