Banja Luka Stock Exchange introducing the Money Market

UniCredit Bank d.d.
Summary: 
The Money Market Rulebook was adopted by Banja Luka Stock Exchange Supervisory Board on its session held on 04 October 2013 and became effective as of 17 December 2013.
Fri, 27/12/2013

Banja Luka Stock Exchange (BLSE) will organize the Money Market for trading with short-term financial instruments.  The Money Market instruments which can be traded are as follows: Deposits (convertible mark and foreign currency), Short-term securities, Repurchase Agreements, Currency Pairs and Other instruments of the Money Market.

Foreign investors can access the Money Market using domestic brokerage houses.

The participants can agree spot and forward transactions with Money Market instruments. The working hours of the Money Market will be from 8:00 till 16:00 on working days. The schedule for the trading will be defined by Banja Luka Stock Exchange.

The Banja Luka Stock Exchange will adopt Instructions for the trading on the Money Market, Template of Repurchase Agreements and Application form for Money Market within 15 days from effective day of Money Market Rulebook.

Please note that Money Market is not still available for the trading. In the following period Banja Luka Stock Exchange will publish the list of participants and dates from which the trading with instruments of Money Market will be available.

Impact on investors:  New Money Market Rulebook effective as of 17 December 2013.