Finance Your Company Through Capital Markets
Expand your company’s financing opportunities through the capital markets. Baku Stock Exchange’s Listing Advisory Program (LAP) supports you at every stage — from initial application to successful trading.
Our AdvantagesBenefit from the Listing Advisory Program
Baku Stock Exchange provides comprehensive support to companies seeking financing through capital markets. Within the framework of the Listing Advisory Program (LAP), full guidance is offered throughout the securities issuance process.
100+
60+
11.5 mlrd
2.7 mlrd
Advantages of Capital Markets
Financing through capital markets enables issuers to attract capital, access a broader investor base, and ensure financial transparency. At the same time, listing enhances corporate credibility and creates a more secure and reliable investment environment for investors.
Capital Growth
Provides an opportunity to attract investment for new projects and support business expansion.
Corporate Credibility
Enhances the company’s reputation by ensuring financial transparency and compliance with established standards.
High Liquidity
Creates a more efficient environment for the easy buying and selling of shares and bonds.
Access to the Investor Base
Enables engagement with a broad investor network, including both retail and institutional investors.
Company Visibility
Increases the company’s recognition and public profile by reaching a wider audience.
Diversification of Funding Sources
Provides access to alternative financing sources through capital markets, in addition to bank lending.
Securities Listing Process
Pre-Trading
- Selection of the underwriting company
- Registration of securities and the prospectus with the Central Bank
Trading
- Granting permission for trading
- Execution of trading
Listing
- Admission to the BSE listing segment
- Ensuring the transfer of securities from the primary market to the secondary market
Post-Trading
- Submission of post-trade reports
- Implementation of clearing and settlement procedures through the Central Depository
Calculate Your Capital Market Entry Costs for Securities
The state fee rate applicable for the registration of securities and their inclusion in the State Register.The state fee is a one-time payment and is payable in AZN.
A one-time fee for the opening of depository and issuer accounts, payable in AZN.
A one-time fee for the assignment of international identification numbers (ISINs) to other securities (AZN 50).
An annual commission for maintaining the register of holders of securities listed on the stock exchange, calculated as 0.02% of the nominal value. Minimum fee: AZN 50 Maximum fee: AZN 5,000 Accordingly: If the calculated commission is less than AZN 50, a fee of AZN 50 shall apply. If the calculated commission exceeds AZN 5,000, the fee shall be capped at AZN 5,000.
An annual commission for the safekeeping of securities listed on the stock exchange, calculated as 0.02% of the nominal value. Minimum fee: AZN 50 Maximum fee: AZN 5,000 Accordingly: If the calculated commission is less than AZN 50, a fee of AZN 50 shall apply. If the calculated commission exceeds AZN 5,000, the fee shall be capped at AZN 5,000.
An annual service fee for maintaining securities on the listing, payable in AZN. Minimum fee: AZN 2,000 Maximum fee: AZN 20,000 Accordingly: If the calculated fee is less than AZN 2,000, an annual fee of AZN 2,000 shall apply. If the calculated fee exceeds AZN 20,000, the annual fee shall be capped at AZN 20,000.
A commission fee of 0.02% applied to trade execution.The commission is calculated based on the transaction volume and is charged solely to the investor (the issuer may choose to bear this cost).
The state fee rate applicable for the registration of securities and their inclusion in the State Register.The state fee is a one-time payment and is payable in AZN.
A one-time fee for the opening of depository and issuer accounts, payable in AZN.
A one-time fee for the assignment of international identification numbers (ISINs) to other securities (AZN 50).
An annual commission for maintaining the register of holders of securities listed on the stock exchange, calculated as 0.02% of the nominal value. Minimum fee: AZN 50 Maximum fee: AZN 5,000 Accordingly: If the calculated commission is less than AZN 50, a fee of AZN 50 shall apply. If the calculated commission exceeds AZN 5,000, the fee shall be capped at AZN 5,000.
An annual commission for the safekeeping of securities listed on the stock exchange, calculated as 0.02% of the nominal value. Minimum fee: AZN 50 Maximum fee: AZN 5,000 Accordingly: If the calculated commission is less than AZN 50, a fee of AZN 50 shall apply. If the calculated commission exceeds AZN 5,000, the fee shall be capped at AZN 5,000.
An annual service fee for maintaining securities on the listing, payable in AZN. Minimum fee: AZN 2,000 Maximum fee: AZN 20,000 Accordingly: If the calculated fee is less than AZN 2,000, an annual fee of AZN 2,000 shall apply. If the calculated fee exceeds AZN 20,000, the annual fee shall be capped at AZN 20,000.
A commission fee of 0.02% applied to trade execution.The commission is calculated based on the transaction volume and is charged solely to the investor (the issuer may choose to bear this cost).