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Indirizzo: Via Mario Greco 60, Buttigliera Alta, 10090, Torino, Italy
Physical Address
Indirizzo: Via Mario Greco 60, Buttigliera Alta, 10090, Torino, Italy
The Commission for the Organization and Supervision of Stock Exchange Operations (Cosob) announced, yesterday Wednesday in a press release, the official launch, next Sunday, of the project to digitize stock market orders.
This project will be launched in “collaboration with the Government Electronic Certification Authority, as part of Cosob’s ongoing effort for the development of the financial and stock market in Algeria,” she said.
The project will be officially launched during a ceremony to be held at the headquarters of the National Housing Bank (BNH), and “aims to improve the efficiency and effectiveness of stock market transactions, by making electronic sending possible purchase and sale orders through stock exchange intermediaries,” explains Cosob.
It is part of the dynamics experienced by the financial and stock market in Algeria, concretizing the commitment of the President of the Republic,
Mr. Abdelmadjid Tebboune, regarding the need to develop financial and stock markets to finance the economy,” underlines the press release.
“This project is also in line with the Government’s orientations aimed at generalizing digitalization in all sectors, particularly those linked to the digitalization of financial services and improving their use by citizens,” adds the Organization and Surveillance Commission. stock market operations.
Agency