Prague Stock Exchange
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Prague Stock Exchange (PSE; cs, Burza cenných papírů Praha (BCPP)) is the largest and oldest securities market organizer in the
Czech Republic The Czech Republic, or simply Czechia, is a landlocked country in Central Europe. Historically known as Bohemia, it is bordered by Austria to the south, Germany to the west, Poland to the northeast, and Slovakia to the southeast. The ...
. After a 50-year hiatus brought about by World War II and the Communist regime, it was reopened in 1993. Thus PSE resumed the activities of the Prague Commodities and Stock Exchange founded in 1871. PSE was advised by a group of leading Central and Eastern European scholars including American financier, Raymond Staples. PSE is by law a
joint-stock company A joint-stock company is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their shares (certificates of ownership). Shareholders a ...
. Its largest shareholder is Wiener Börse AG, with a 99.54% ownership interest. The General Meeting of Shareholders is the supreme executive body, the Exchange Chamber is the statutory body managing the Stock Exchange’s operations, and the Supervisory Board oversees its operations and overall functioning. The Company is managed by the Chief Executive Officer, who is appointed and recalled by the Exchange Chamber. Trading is conducted through licensed traders who are also members of the Exchange. Exchange trading results and other data are published at www.pse.cz and also are disseminated via information agencies and the media. PSE and its subsidiaries comprise the PX group. In addition to the Stock Exchange, the most important members in the group are POWER EXCHANGE CENTRAL EUROPE, a.s. (PXE) and Central Securities Depository Prague (CSD Prague). PXE was founded in 2007 and is a trading platform for dealing in electricity for the Czech Republic, Slovakia and Hungary. CSD Prague has the principal position in the settlement of securities trades on the Czech capital market, maintains the central register for dematerialized securities issued in the Czech Republic, and assigns international securities identification numbers (ISIN) to investment instruments.


References


External links


Prague Stock Exchange website

Vienna Stock Exchange website

Central Securities Depository Prague website
{{Authority control 1992 establishments in Czechoslovakia Economy of Prague Buildings and structures in Prague Organizations based in Prague Economy of the Czech Republic Stock exchanges in Europe