Mission & strategic objectives
As the leading exchange group in Central and Eastern Europe, it is our primary objective to
- strengthen,
- advance and
- internationally position
the capital markets of our member exchanges in CEE. Our medium to long-term goal is to raise liquidity and trading volumes at all stock exchanges of CEESEG.
Short, medium and long-term measures
We have developed a number of short, medium and long-term objectives and measures from our mission and strategic objectives. Listed companies, trading members, institutional investors, data vendors and index licensees all stand to benefit from our joint activities at the international level.
After a dynamic start in 2009 and some first short-term projects realized (see below), we are now working on the implementation of several medium to long-term projects.
Short-term measures to garner more attention from international market participants:
- Introduction of new products, e.g., indices, structured products: Two joint indices – the CEETX and the CEESEG Composite Index – were launched on 17 September 2009, the official starting date of CEESEG.
- Joint marketing activities, e.g., road shows: Already, the companies listed on the four stock exchanges started to present themselves to an international audience of investors at all major financial centers of the world. The first joint road show took place on 21 October 2009 in Stockholm.
- Joint data dissemination: This project was completed in March 2010.
Medium-term measures to increase liquidity:
- Implementation of Xetra ® as a common trading system across the Group: Ljubljana Stock Exchange as of autumn 2010, Budapest and Prague Stock Exchange to follow in 2011
- Acquisition of international trading members
Long-term harmonization measures:
- Harmonization of market segments
- Harmonization of general terms and conditions of business
- Harmonization of clearing and settlement processes