The bulk of trading in shares on the OTC market has a turnover of more than 19.8 billion soums for 1994-1998 [market, money, credit, 1999, № 5, p.34.]. According to the director of the Center for Coordination and Control of Securities Market Anvar Rasulev, by the end of 1999 the volume of shares trading on the OTC market was 15 times greater than on the stock exchange

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