The Bulgarian Stock Exchange announced that SEE Link, an innovative regional trading platform linking the Bulgarian, Croatian and Macedonian stock exchanges, supported by the European Bank for Reconstruction and Development (EBRD), has become fully operational with the launch of an order-routing system.
The new technology was unveiled at the Macedonian Stock Exchange’s annual conference in Skopje in the presence of the Macedonian Deputy Prime Minister and the Minister of Finance, EBRD representatives and the CEOs of the SEE Link’s participating exchanges.
Belgrade Stock Exchange and Ljubljana Stock Exchanges have already confirmed their intention to join.
On 1 April 2016, two blue chip indices, SEE LinX and SEE LinX EWI, will be introduced enhancing the visibility of the regional markets. The indices will be composed of the 10 most actively traded regional companies listed on the three participating exchanges: 5 from Croatia, 3 from Bulgaria and 2 from Macedonia.
More than 20 stock exchange members from Bulgaria, Croatia and Macedonia are expected to connect to the platform and close to 400 securities will be available for trading.
Impact on investors: The network will further integrate domestic stock markets, allowing for order routing of the stocks listed on the three exchanges. The system aims to increase liquidity and improve access for investors and local brokers.
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