The Baku Stock Exchange (BSE) is preparing to allow foreign
brokers to connect remotely to the Tabadul Center, a move aimed at
expanding international participation in Azerbaijan’s capital
market.
Azernews reports that this was was announced by
Ogtay Gasimov, Deputy Chief Executive Officer and Chief Commercial
Officer of the BSE, during the second day of the 9th International
Banking Forum in Baku.
“Our main objective is to establish remote connectivity for
foreign brokers. To achieve this, certain legal requirements need
to be updated,” Gasimov said. He added that the initiative also
requires regulatory adjustments: “We are currently working with the
regulator to develop the necessary framework. Remote access for
foreign brokers is expected to become possible by the middle of
next year.”
The development comes shortly after a key international
partnership. On November 17, 2025, the BSE signed a Memorandum of
Understanding with the Abu Dhabi Stock Exchange (ADX) to join the
Tabadul digital platform.
The agreement will enable seamless cross-market trading between
ADX and BSE, granting investors and brokers in both markets direct
access to one another through Tabadul. This integration aims to
streamline remote securities trading, simplify transaction
processes, and create new avenues for cooperation. Additionally,
investors using Tabadul will be able to participate in IPOs
launched on ADX, strengthening the platform’s role as a gateway to
Abu Dhabi’s rapidly expanding capital markets.
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