Tuesday February 23 2016
News Source: Global Exchanges
Focus: Trading Systems and Technology
Type: General
Country: Bulgaria
On 22nd February 2016, the Belgrade and Ljubljana Stock Exchanges confirmed their intention to join the EBRD-supported SEE Link, an innovative regional platform for trading securities listed on the Bulgarian, Croatian and Macedonian bourses.
SEE Link is a project started by the Bulgarian, Macedonian and Croatian stock exchanges with the aim of creating regional infrastructure for the trading of securities listed on those three markets. Formalising this cooperation, the three stock exchanges set up SEE Link as a joint company in May 2014, located in Skopje.
The next step of an order-routing system is scheduled to become operational in March. At the same time, a blue chip index called SEE LinX will be introduced, enhancing the visibility of regional markets. It is expected that around 8 stock exchange members from Bulgaria, 10 from Croatia, and 10 Macedonian members will connect to the platform from the first day of operations and total of 387 securities will be available for trading.
The regional expansion of the project will help integrate regional equity markets to provide more efficient access for investors and local brokers while at the same time allowing participating stock exchanges to remain independent.
Click on the link above for further details.