Saturday, February 28, 2009

Bulgarian Stock Exchange

Bulgarian Stock Exchange – Sofia was officially licensed by the State Securities and Exchange Commission to operate as a stock exchange on October 9, 1997 and is currently the only functioning stock exchange in Bulgaria. The object of the Exchange includes the following:
1. Organization of trading in securities and other financial instruments;
2. Organization and maintenance of an information system for trading in securities;
3. Creation and maintenance of a clearing system guaranteeing the obligations assumed under the transactions in securities effected on the Exchange.
The mission of the Exchange is to facilitate the establishment and development of an organized capital market which would guarantee the members of the Exchange and the clients of the said members equal access to market information and equal conditions for participation in trading in securities.
The main strategic objectives of BSE-Sofia are to improve the liquidity of the capital market. The main strategic goals before the Exchange are connected with increasing the number, volume and variety of the traded instruments and attracting more local and international investors.
BSE-Sofia is a leading institution in the efforts for achieving a sustainable change as regards the public policies of Bulgaria's market economy as well as the transparency and openness of the capital market. The efforts of the Management are focused maintaining high operational standards, constant pursuit of market development and generation of changes.

No comments:

Post a Comment