BEQAS - INDICATIVE BIDS - a module of the Belarusian Automated Quotation System of the Belarusian Currency and Stock Exchange (BEQAS) - Indicative Bids was introduced on June 1, 2000. It provides the widest possible range of investors with the possibility to place indicative bids to search for potential counterparties.
Participants in the system can be:
- Legal entities (bids are submitted through a representative);
- Individual entrepreneurs.
The BEQAS module - Indicative Bids enables a registered participant to independently submit:
- indicative bids for the sale and purchase of securities;
- indicative bids for concluding REPO transactions.
Indicative bids are automatically deleted upon their expiration. All user actions are recorded in a special electronic journal, which serves to resolve controversial situations. The procedure for submitting indicative bids to the BCSE Automated Quotation System is defined by the Procedure for Submitting Indicative Bids to BEQAS approved by the BCSE Board as of January 14, 2010 No. 6