New EAEU Deal expands broker access across borders

The Council of the Eurasian Economic Commission (EEC) has approved and submitted to member states of the Eurasian Economic Union (EAEU) a draft agreement enabling brokers and dealers from one EAEU country to participate in stock trading in other member states. This move is part of the national procedures required for the agreement’s signing, according to the EEC press service.

The agreement aims to establish a unified marketplace for stock operations, allowing brokers and dealers to operate based on licenses issued by the authorized bodies in their home countries.

According to the EEC, the document will significantly enhance opportunities for investors while boosting the liquidity and attractiveness of financial instruments traded on EAEU exchanges.

“This agreement, alongside the previously adopted accord on the admission and circulation of securities, is aimed at developing a common financial market and unified exchange space within the EAEU,” said Bakyt Sultanov, EEC Minister for Economy and Financial Policy.