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In March 2008, after the merger of U.S. NASDAQ and Nordic OMX Group was completed, Armenian Stock Exchange, as well as the Central Depository of Armenia, became part of the world's largest exchange operator, the NASDAQ OMX Group, Inc. On January 27, 2009, the Armenian Stock Exchange was officially renamed NASDAQ OMX Armenia. The state regulatory authority for the stock exchange and the Armenian securities market is the Central Bank of Armenia (CBA). Instruments currently traded on Armex include stocks, corporate bonds, government and CBA bonds, currency, and REPO (repurchase agreements) on corporate securities. Trading hours for all markets are 11:00-15:00 (local time, GMT+4). |