Thursday, March 26, 2009

Belgrade Stock Exchange

Belgrade Stock Exchange was first founded on November 21, 1894 and it functioned until the breakout of World War II in Yugoslavia. It officially began trading on January 2, 1895 in the Hotel Bosna building. In 1953 it was formally closed as the stock exchange did not fit the new socialist economy of the country.
It was reopened in 1989 as the Yugoslavian Capital Market, but after the breakup of the country it was renamed back to Belgrade Stock Exchange. In 2001 large scale privatization began and the Stock Exchange started trading privatized stock. A year later, trade with bonds of the Republic of Serbia started as well.
In September 2004, Belgrade Stock Exchange was accepted into the Federation of Euro-Asian Stock Exchanges.

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