NASDAQ OMX Armenia (
NASDAK' OEMEK'S Armenia), formerly "Armenian Stock Exchange" or "Armex", is the only
stock exchange currently operating in
Armenia. It is located in
Yerevan, the
capital city. The stock exchange began operations in 2001 as a self-regulatory organization founded by the exchange members. In November 2007, pursuant to relevant amendments in the legislation covering the local securities market, it was demutualized and became an open joint-stock company. On November 21, 2007, 100% of the stock exchange's shares were purchased by the Nordic exchange operator
OMX Group that also operates seven other stock exchanges in the Nordic/Baltic region.