Central European Bourse To Start November 3.
Published:
9 August 2000 y., Wednesday
Trading in shares of central and eastern European companies on Vienna's Newex market will begin on November 3, joint venture partners Deutsche Boerse AG and Wiener Boerse AG said in a statement.
The New Europe Exchange has been developed by the Frankfurt and Vienna stock exchanges with the aim of complementing rather than competing with bourses in the region by offering companies access to a pool of capital in a regulated euro-zone market. Newex said 10 companies would be listed in the market's two "quality segments" from the start, in addition to over 100 others from Poland, the Czech Republic, Hungary and Russia. Twenty banks and brokers from Germany, Austria and Britain, who together account for a large part of current trade in central and eastern European stocks, would begin dealing from the exchange's launch.
The Newex project is part of a broader alliance between the two bourses, which last year saw Vienna adopt Frankfurt's Xetra trading platform with a view to boosting turnover on the chronically illiquid market.
Šaltinis:
Deutsche Boerse AG
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
Between 2000 and 2008 EU27 trade in goods with China more than tripled in value, with EU27 exports to China rising to 78 billion euro in 2008 compared with 26 bn in 2000, and imports rising to 248 bn from 75 bn.
more »
The first estimate for the euro area (EA16) trade balance with the rest of the world in March 2009 gave a 0.4 bn euro surplus, compared with -2.3 bn in March 2008.
more »
On May 18 this year, AB Bank SNORAS begins to distribute two emissions of one-year fixed interest bonds.
more »
Taking into account changes on international and domestic money markets AB DnB NORD Bankas, a member of international financial group, has changed time deposit rates for individual customers.
more »
The 25-year Sri Lankan civil war looks to be in its final throes.
more »
The sheer scale and nature of taxpayers' cash claimed as allowances by Britain's lawmakers has stunned the nation.
more »
The European Commission has decided to send a formal request to Lithuania regarding the award of a works contract by Lithuania Railways for the modernisation of the railway radio communication system through the introduction of a GSM-R system.
more »
The speed and depth of the financial crisis has been brutal and over the last year MEPs have been hard at work on a two-fold approach to the crisis.
more »
The Group commits to reducing its CO2 emissions by 30% by 2020 supporting the “20-20-20” goal set by the EU.
more »
This weekend, in the second round of Le Mans Series championship on SPA track, in Belgium, SNORAS Spyker Squadron team that participated there took the fifth high position.
more »