NICOSIA - The agreement signed this week between the Cyprus Stock Exchange (CSE) and the Athens Stock Exchange (ASE) to expand their cooperation will bring great benefits for the Nicosia bourse, its director general Nondas Metaxas has said.
Metaxas said the agreement “bridges a large gap” which did not allow the CSE to receive the dues on transactions carried out through ASE for the Bank of Cyprus and Marfin Popular Bank bonds.
The CSE will now receive a substantial percentage on the clearance of the daily transactions at the ASE for those bonds, he said.
Cyprus News Agency