Baku Stock Exchange cooperates with a number of leading international financial institutions. In light of integration of the Azerbaijani economy to the global economy, effective management of capital markets in accordance with modern requirements, application of international standards, as well as the establishment of international relations with leading stock exchanges and financial institutions is of great importance for the Baku Stock Exchange.
World Federation of Exchanges (WFE)
As a part of its continuous strategy on international cooperation and development, Baku Stock Exchange applied for membership at the World Federation of Exchanges (WFE) with ultimate goal representing the capital markets of Azerbaijan in the international arena, as well as learning the best experience from the participants of the leading stock markets. By the decision of WFE’s Board of Directors dating to January 15th, 2020, Baku Stock Exchange has been officially granted the status of an affiliate exchange. As a result, the Baku Stock Exchange has become the first stock exchange in the local region to initiate formal collaboration with WFE.
UN Sustainable Stock Exchange
On March 31, 2020, the Baku Stock Exchange was accepted as a member of the United Nations Sustainable Stock Exchange Initiative (ed. - "The UN Sustainable Stock Exchange Initiative" in English, abbreviation - "UNSSE"). The main goal of the Sustainable Stock Exchanges Initiative Group (the Initiative Group), founded in 2009, is to create an organized platform for exchanges on the study and application of advanced environmental, social and corporate governance principles and to promote investment and financing principles within the framework of established sustainable development goals.
International Association of Exchanges
Being an international non-profit organization, IAEx carries out its activities on the principles of voluntariness and self-governance. It is a legal entity established and acting in accordance with the legislation of the Russian Federation.
Baku Stock Exchange was admitted to the International Association of Exchanges on September 6, 2019.
Istanbul Stock Exchange
Friendly relations between the Republic of Turkey and the Republic of Azerbaijan are reflected in the economic and financial relations between the two countries. In fact, Istanbul Stock Exchange was one of the founders of the Baku Stock Exchange by taking part in the BSE’s capital stock authorization and became the 19th shareholder of the stock exchange since June 2000.
Kazakhstan Stock Exchange (KASE)
Since the moment of its foundation KASE has been the only exchange in Kazakhstan operating the stock and currency markets, an integral part of the financial market's infrastructure and it occupies an important position in the country's economy.
“Memorandum of Understanding” was signed between Baku Stock Exchange and Kazakhstan Stock Exchange (KASE) on November 25, 2018