Control on trading and clearing-settlement systems

Control on trading and clearing-settlement systems

CETA (Centralised Exchange Trading in Azerbaijan) is an electronic control system on trade and clearing-settlement processes of securities. This system was prepared according to the “State Program on development of securities market in Azerbaijan Republic for 2011-2020” adopted with the order number 1504 by President of Azerbaijan Republic and have been used by FIMSA since February 17, 2016.

 Objectives of CETA:

- Increase the effectiveness of control on deals in securities market;

- Ensure the integrity of the market;

- Regular control of trade and clearing-settlement systems;

- Improve the identification of breaches;

- Improve the preventive activities.